The document provides an overview of mergers and acquisitions (M&A) including key terms, types of takeovers, motives for M&A, and funding sources. It discusses leveraged buyouts and shareholder activism as drivers of M&A activity. While M&A can benefit shareholders through profit growth, there is a perception that it negatively impacts other stakeholders like employees.

1. Mergers & Acquisitions Prof. dr. Ruud Pruijm RA

2. An Introduction

10. Leverage is important Give me a place to stand and a lever long enough and I will move the world. Archimedes

19. Recent Events

24. CV Prof. Dr. R. A. M. Pruijm CPA is management-consultant, interim-manager and professor emeritus Accounting Information Systems at the Erasmus University Rotterdam. He was recently appointed as part-time lecturer Corporate Governance at the Fontys Professional University. He is a well-known expert in corporate governance, corporate social responsibility, and business ethics. Corporate governance is a generic term that describes the ways in which rights and responsibilities are shared between the various corporate participants, especially the management and the shareholders. Corporate governance is about promoting corporate fairness, transparency and accountability. Corporate social responsibility is about open and transparent business practices, that are based upon ethical values and respect for employees, communities, and the environment, designed to deliver sustainable value to society at large and to shareholders. For over 30 years Professor Pruijm has been speaking to top level business executives and organizations all over the world. He is author of numerous books and articles, and is a regular guest on radio and television. As an independent observer and thought-leader he is frequently consulted by the press, politicians, and business leaders. Office: Kievit 12 -113 5111 HD Baarle Nassau Tel. 013 – 507 03 41 Mobile 06 547 36 391 E-mail: [email_address]