This interdisciplinary program gives executives the analytical framework and tools necessary to successfully execute mergers, acquisitions, and corporate restructuring.

WHO SHOULD ATTEND? This program is designed for senior and upper-middle level executives who are now or will be involved in M&A activity. CFOs, CEOs, and general counsel considering or currently involved in M&A activity will find this program immensely valuable. Other appropriate titles include: analysts, directors of business development, general managers, vice presidents, strategic planners, business unit managers, and financial executives.

PROGRAM BENEFITS During this program, you will:• Develop a strategic plan for M&A activity.• Analyze strategic alternatives to M&A.• Understand business valuation techniques.• Implement a strategy for integration and restructuring.• Structure the deal to minimize tax consequences.• Learn how to best protect shareholder value during M&A.• Understand the use of M&A by large public corporations, privately-held

middle market firms, and private equity firms.• Learn a playbook of M&A best practices.

IDEAS COMPETE, PEOPLE COLLABORATE Consistently ranked among the top programs in the United States and worldwide, Executive Education at Chicago Booth is where intellectual rigor, engaging teaching, and cutting-edge research meet. We create and learn in an intense, exhilarating climate of discussion and debate. Our executive participants have transformational experiences that turn them into more empowered, impactful leaders.

CONNECT WITH WORLD-CLASS FACULTYThe University of Chicago Booth School of Business has one of the most highly-regarded faculty of any business school in the world, including seven Nobel Prize winners.

LEARN MORE AT: CHICAGOBOOTH.EDU/EXECED E EXEC.ED@CHICAGOBOOTH.EDU P 312.464.8732

PROGRAM DETAILS

DATESNovember 7–11, 2016

The program begins at 8:30 a.m. Monday and ends at noon Friday.

For hotel accommodations and more logistics, visit ChicagoBooth.edu/ExecEd

FEE$9,985 – Fee includes tuition, continental breakfasts, lunches, coffee breaks, and educational materials.

LOCATIONGleacher Center 450 North Cityfront Plaza Drive Chicago, IL 60611

FACULTYMerle Erickson Professor of Accounting, Chicago Booth

Kevin F. Rock Clinical Professor of Finance, Chicago Booth

Gregory D. Bunch Adjunct Professor of Entrepreneurship, Chicago Booth

Stephen Morrissette Adjunct Associate Professor of Strategic Management, Chicago Booth

MERGERS AND ACQUISITIONS (M&A)

Strategy Formulation• Create competitive advantage through acquisition,

merger, divestiture, or alliance• Determine attractiveness and fit of a candidate• Analyze the alternatives to M&A such as strategic

alliances or joint ventures• Develop strategy for integration and restructuring• Develop an end-to-end process view of corporate

development and M&A

Investment Decisions and Financing• Understand valuation models• Test your valuation assumptions• Estimate the cost of a merger or acquisition• Read stock market signals• Realize the advantages and disadvantages of cash

or stock offers and their various combinations in structuring the deal

• Structure acquisition financing

Tax Implications• Understand tax implications of various tax structures

for both buyer and seller• Structure transactions to maximize the seller’s

after-tax wealth and to minimize the buyer’s after-tax cost

• Become familiar with various valuation implications of tax planning for mergers, acquisitions, and divestitures

Post-deal Integration• Develop a strategy for successful integration• How to manage post-merger integration with

focus on shareholder value• Understand the decisions and processes that impact

the new organization’s strategy, structure, and culture

MERGERS AND ACQUISITIONS (M&A)

PROGRAM OUTLINE

FOR MORE INFORMATION, CONTACT:Executive EducationThe University of Chicago Booth School of Business450 North Cityfront Plaza Drive, Suite 514Chicago, IL 60611-4316

Rebecca Meyer Associate Director Executive EducationP 312.464.8732 F 312.464.8769 E rebecca.meyer@ChicagoBooth.edu

OPTIONAL ACCOUNTING/FINANCE REFRESHER ONLINEPrior to the program, participants gain access to a web-based, learner-driven program to help them refresh important accounting and finance concepts. Each module features self-tests, allowing participants to tailor their learning and focus their time on the concepts least familiar to them. This multi-media tool is used as a way to establish a baseline of knowledge to make the time in the classroom as productive as possible.