|This case course is designed to utilize, reinforce and enhance the concepts in corporate finance you accumulated in 35200 using the case method and some limited lecture material. Students will practice various valuation techniques, review an LBO, evaluate two M&A situations, discuss optimal capital structure, study the liquidity crisis of Fall 2008, assess dividend policy, understand an IPO, review equity markets, learn about shareholder activism and conduct a break up analysis.
We will begin with a review of some corporate finance basics: reviewing and practicing the most commonly used valuation practices including a review of: calculating WACC, the DCF valuation method, and the comparables valuation method. We will learn an LBO valuation model. We will apply these tools towards a number of cases, including an LBO case and two acquisition situations. We will then review the choice of capital structure and examine two cases where capital structure played a significant role in the company. Then, we will cover public equity markets: dividends, IPOs and equity markets generally. We will take a look at the role of shareholder activists in the public equity markets and lastly, we will complete a break up analysis.