1. Boundless Lecture Slides Free to share, print, make copies and changes. Get yours at www.boundless.com Available on the Boundless Teaching Platform

2. Using Boundless Presentations The Appendix The appendix is for you to use to add depth and breadth to your lectures. You can simply drag and drop slides from the appendix into the main presentation to make for a richer lecture experience. Free to edit, share, and copy Feel free to edit, share, and make as many copies of the Boundless presentations as you like. We encourage you to take these presentations and make them your own. Free to share, print, make copies and changes. Get yours at www.boundless.com Boundless Teaching Platform Boundless empowers educators to engage their students with affordable, customizable textbooks and intuitive teaching tools. The free Boundless Teaching Platform gives educators the ability to customize textbooks in more than 20 subjects that align to hundreds of popular titles. Get started by using high quality Boundless books, or make switching to our platform easier by building from Boundless content pre-organized to match the assigned textbook. This platform gives educators the tools they need to assign readings and assessments, monitor student activity, and lead their classes with pre-made teaching resources. Get started now at: If you have any questions or problems please email: educators@boundless.com http://boundless.com/teaching-platform

3. Boundless is an innovative technology company making education more affordable and accessible for students everywhere. The company creates the world’s best open educational content in 20+ subjects that align to more than 1,000 popular college textbooks. Boundless integrates learning technology into all its premium books to help students study more efficiently at a fraction of the cost of traditional textbooks. The company also empowers educators to engage their students more effectively through customizable books and intuitive teaching tools as part of the Boundless Teaching Platform. More than 2 million learners access Boundless free and premium content each month across the company’s wide distribution platforms, including its website, iOS apps, Kindle books, and iBooks. To get started learning or teaching with Boundless, visit boundless.com.boundless.com Free to share, print, make copies and changes. Get yours at www.boundless.com About Boundless

4. Valuing the Target and Setting the Price Preparing for a Merger Mergers and Acquisitions > Preparing for a Merger Free to share, print, make copies and changes. Get yours at www.boundless.com www.boundless.com/finance?campaign_content=book_192_section_133&campaign_term=Finance&utm_campaign=powerpoint&utm_medium=di rect&utm_source=boundless

5. Due diligence can be defined as the examination of a potential target for merger, acquisition, privatization, or a similar corporate finance transaction –normally by a buyer. In order to reduce the number of failed mergers and acquisitions, it is essential that the concepts of valuations (shareholder value analysis) be linked into a due diligence process. As synergy plays a large role in the valuation of acquisitions, it is paramount to get the value of synergies right. Valuing the Target and Setting the Price Free to share, print, make copies and changes. Get yours at www.boundless.com www.boundless.com/finance/textbooks/boundless-finance-textbook/mergers-and-acquisitions-20/preparing-for-a-merger-133/valuing-the-target- and-setting-the-price-543- 719?campaign_content=book_192_section_133&campaign_term=Finance&utm_campaign=powerpoint&utm_medium=direct&utm_source=boundl ess WIPO Headquarters in Geneva View on Boundless.com Mergers and Acquisitions > Preparing for a Merger

6. Free to share, print, make copies and changes. Get yours at www.boundless.com Appendix

7. Key terms discounted cash flow In finance, discounted cash flow (DCF) analysis is a method of valuing a project, company, or asset using the concepts of the time value of money. All future cash flows are estimated and discounted to give their present values (PVs)– the sum of all future cash flows, both incoming and outgoing, is the net present value (NPV), which is taken as the value or price of the cash flows in question. intellectual property Any product of someone's intellect that has commercial value: copyrights, patents, trademarks, and trade secrets. Synergy Benefits resulting from combining two different groups, people, objects, or processes. Free to share, print, make copies and changes. Get yours at www.boundless.com Mergers and Acquisitions

8. WIPO Headquarters in Geneva Intellectual property is an asset of a business that must be included in the overall business evaluation. This photo is of the headquarters of the World Intellectual Property Organization in Geneva, Switzerland. Free to share, print, make copies and changes. Get yours at www.boundless.com Wikipedia. "WIPO3." CC BY-SA 3.0 http://en.wikipedia.org/wiki/World_Intellectual_Property_Organization View on Boundless.comCC BY-SA 3.0http://en.wikipedia.org/wiki/World_Intellectual_Property_OrganizationView on Boundless.com Mergers and Acquisitions

9. Free to share, print, make copies and changes. Get yours at www.boundless.com Mergers and Acquisitions Which of the following is included in the due diligence process prior to a merger? A) Completing a compatibility audit. B) Performing a combination of valuation methods. C) All of these answers. D) Review the target company's insurance and liability coverage.

10. Free to share, print, make copies and changes. Get yours at www.boundless.comwww.boundless.com Boundless - LO. "Boundless." CC BY-SA 3.0 http://www.boundless.com/CC BY-SA 3.0http://www.boundless.com/ Mergers and Acquisitions Which of the following is included in the due diligence process prior to a merger? A) Completing a compatibility audit. B) Performing a combination of valuation methods. C) All of these answers. D) Review the target company's insurance and liability coverage.

11. Attribution Wikipedia. "Mergers and acquisitions." CC BY-SA 3.0 http://en.wikipedia.org/wiki/Mergers_and_acquisitionsCC BY-SA 3.0http://en.wikipedia.org/wiki/Mergers_and_acquisitions Wikipedia. "Due diligence." CC BY-SA 3.0 http://en.wikipedia.org/wiki/Due_diligenceCC BY-SA 3.0http://en.wikipedia.org/wiki/Due_diligence Wiktionary. "intellectual property." CC BY-SA 3.0 http://en.wiktionary.org/wiki/intellectual+propertyCC BY-SA 3.0http://en.wiktionary.org/wiki/intellectual+property Wikipedia. "discounted cash flow." CC BY-SA 3.0 http://en.wikipedia.org/wiki/discounted%20cash%20flowCC BY-SA 3.0http://en.wikipedia.org/wiki/discounted%20cash%20flow Boundless Learning. "Boundless." CC BY-SA 3.0 http://www.boundless.com//management/definition/synergyCC BY-SA 3.0http://www.boundless.com//management/definition/synergy Free to share, print, make copies and changes. Get yours at www.boundless.com Mergers and Acquisitions