{"product_id":"buyout-basics-nadine-ulrich-9783640432851","title":"Buyout Basics: Grundlagen von Buyouts","description":"Seminar paper from the year 2007 in the subject Business economics - Investment and Finance, grade: 1,3, Technical University of Munich (Wirtschaftswissenschaften), course: Entrepreneurial Finance, language: English, abstract: Die Arbeit gibt einen  berblick  ber die verschiedenen Formen von Buyouts, die verschiedenen Anl sse f r Buyouts, die Finanzierung und Exit-M glichkeiten, sowie  ber die wertsch pfenden Faktoren. Outline of the Work This work tries to give an overview of the characteristics and types of a buyout, the financing and exit strategies as well as the influence on the value of the respective company. Chapter 2 describes the basics of a buyout, starting with a definition of the term 'buyout' and the possible buyout constructions. Thereupon follows a listing of the different buyout types and a short explanation of those. The chapter closes with a description of the most common motivations for buyouts. Chapter 3 treats the financial aspect of a buyout. It is subdivided into two sections. The first one explains leveraging, the financing technique used in most buyouts. A short description of the leverage effect and its application in buyouts is given being followed by a listing of preconditions that a business has to fulfil to be suitable for a buyout. Thereafter the financial instruments and their structuring in a buyout are explained. The paragraph concludes with a short listing of covenants usually included in financial buyout contracts. The second section specifies the different exit strategies for the financial intermediaries. Chapter 4 gives a short overview of the different factors of value creation in buyouts. This is done by describing a framework to categorise the possible aspects and then by mentioning and classifying those ones. Finally the conclusion gives a short summary with a crititcal assessment of value creation in buyouts. It closes with a future outlook.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Nadine Ulrich\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 3640432851\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9783640432851\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Grin Verlag\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 09\/25\/2009\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 34\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.13lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 8.27h x 5.83w x 0.08d","brand":"Nadine Ulrich","offers":[{"title":"Paperback","offer_id":44829641736447,"sku":"9783640432851","price":39.5,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_7a6ae9df-9cb0-4f26-a9ff-205b84af3889.jpg?v=1708451294","url":"https:\/\/www.whiterainbookhouse.com\/products\/buyout-basics-nadine-ulrich-9783640432851","provider":"WR Book House","version":"1.0","type":"link"}