The following sites illustrate the kinds of learning one can obtain
about M&A from the world wide web. These are offered in the spirit
of enlarging the M&A practitioner's analysis and business
judgment. Though this is not an exhaustive list, these sites can
provide a useful springboard to the resources of the larger web. While
I believe the sources are reliable, the visitor must treat all data
and resources obtained from them with the usual caution. The topic
areas listed here are:
- Essential data sources in M&A.
- Deal search resources.
- Publications and information about M&A intermediaries and
other players.
- Valuation analysis.
�
Essential data sources in M&A
��
Deal search resources
��
Publications and information about M&A intermediaries and
other layers
- http://www.csfb.com
http://www.ml.com
The websites of First Boston, and Merrill Lynch, respectively. These
contain interesting information on corporate finance generally, and
M&A.
- http://www.privateequity.com
http://www.envista.com
http://www.vcworld.com
Websites for publications about venture capital and private equity.
- http://www.nceo.org
Website about employee stock ownership.
- http://www.takeoverstockreport.com/
Website for Takeover Stock Report, providing information about
possible targets, and developments in announced deals.
Expensive.
- http://www.hlhz.com
Website for Houlihan Lokey Howard & Zukin, specialty investment
banking firm, and publisher of the Mergerstat newsletter, containing
summaries of the current deal environment.
- http://www.berkshirehathaway.com
Warren Buffett's website. Source of his entertaining and wise annual
report letters.
- http://www.japonica.com
Website of Japonica Partners, an Aactive@ investment group. Contains
interesting forums on M&A-related topics.
- www.lens-inc.com
Website for LENS Inc., which describes itself as Aan $80 million
investment firm that uses shareholder activisim to increase the
value of portfolio companies.@
- http://www.assetalt.com
Website for Asset alternatives Inc., publisher of some influential
newsletters, including The Private Equity analyst, Venture Capital
& Health Care, and the Latin American Private Equity Analyst.
- http://www.arcchart.com
Website for ARCchart, an analytical firm that gives detailed linkages
among firms, including equity interests, joint venture commitments,
etc. Their practice is currently concentrated in telecommunications,
multimedia, and information technology.
- http://www.jpmorgan.com
This is the website of J.P. Morgan. It contains interesting pages on
emerging markets, and the pathbreaking Value At Risk (a.k.a.
ARiskMetrics@) measure of exposure to currency volatility.
- http://www.ifc.org
Website for International Finance Corporation of the World Bank.
Source of good information on emerging markets, useful in cross-border
valuation.
��
Valuation analysis