Cross-Border Mergers and Acquisitions
The course will explore the complexities of cross-border mergers and acquisitions, with a particular focus on transatlantic and other international public M&A transactions. The subject-matter provides an opportunity to tie together different bodies of law relevant to M&A (corporate, contracts, securities, antitrust and other regulatory fields) and to confront the US, European, and emerging markets legal, business, and cultural environments in a deal-oriented context, including case studies of major transactions. We will go over the business and legal framework of cross-border M&A, deal-making strategies, transaction structures and key deal considerations, and explore the content of cross-border M&A agreements. Regulatory matters, deal risk management and hostile takeovers will also be addressed, as well as the broader policy and cross-cultural considerations underlying global M&A practice. International guest speakers will be invited to share their experience. The course will aim to provide students with a broad understanding of the legal and business aspects of major cross-border M&A transactions. This is an interactive, primarily practice-oriented course requiring active student participation. Special Instructions: Corporations recommended but not required. This course is open to GSB students with permission of the instructor. Elements used in grading: Class participation, oral presentations, contractual practice exercise, and final exam.