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Tax Considerations

Discover how tax basis impacts M&A transactions. Learn how book value and tax basis diverge, calculate taxable gains, and understand…
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Asset and Stock Deals

Learn what makes asset vs. stock acquisitions unique in M&A, from tax implications to seller differences. Compare real-world examples and…
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Enterprise and Equity Values

Discover how to accurately calculate enterprise value with detailed Excel formulas, timing conventions, and terminal value analysis. See real examples…
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Section 338 Elections

Learn how Section 338 elections transform stock acquisitions into asset deals for tax purposes, enabling tax basis step-up benefits despite…
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Returns Analysis (IRR & CoC)

Discover how VCs evaluate investments beyond basic metrics. Compare IRR vs CoC returns analysis and learn why timing isn't everything…
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Equity Method Accounting

Learn how equity method accounting works when a company owns 20-50% of another business. See real examples of Investment in…
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Weighted-Average Cost of Capital (WACC)

Decode the real cost of capital with a proven WACC calculation approach. See why blended after-tax returns and targeted capital…
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Tax-Free Acquisitions

Discover how M&A transactions qualify as tax-free reorganizations with stock-based deals. Learn the 4 essential conditions, including ownership requirements and…
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Noncontrolling (Minority) Interest

See how noncontrolling interest works in M&A with real examples, allocation formulas, and financial statement impacts. Learn parent vs. minority…
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Purchase Price Allocation I

Accurately calculate purchase price in M&A transactions - from transaction costs to equity issuance. Learn crucial differences between FAS 141…
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Valuation Multiples

Learn the strategic differences between enterprise & equity multiples, including P/E, EBITDA, EBIT & Sales ratios. See how these key…
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Leveraged Buyout (LBO) Analysis

Private equity's best-kept secret: See the numbers behind a leveraged buyout (LBO). Discover how PE firms pay the minimum for…
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