兼并收购概念理论之六：交易融资-VIP专享

兼并收购概念理论之六：交易融资 100 分02—Financing the Deal 交易融资 满分 100 分返回上一级单选题（共 3 题，每题 20 分）1 . Prospective lenders to the buyer in an Mergers and Acquisitions deal want to see projections on what basis？ 在并购交易中潜在贷方希望从买方那里看到基于什么基础的预测?A。Combined companies, on a taxable cash flow basis 合并后的公司，以应税现金流为基础B.Combined companies， after synergies and accounting adjustments 合并后的公司,经过协同增效和会计调整C.Buyer, with seller functioning as operating subsidiary 买方，卖方作为运营子公司D. Combined companies， on a net present value basis with synergies 合并后的公司，以协同效应的净现值为基础我的答案： B2 。 A seller has filed a lawsuit against a third party for patent infringement in the amount of ＄100 million。 Various legal experts conclude the chances of success are 40% in 3 years。 If the combined buyer/seller has a 12％ cost of capital， what is the maximum consideration the buyer should offer the seller at closing (i。e.， year 0）？ 卖方已就第三方专利侵权提起诉讼，诉讼金额为 1 亿美元。 各种法律专家总结说，在三年后诉讼成功的机会达到 40％。 假如合并后的公司有 12％的资本成本，买方应在交易结束时（即第 0 年）向卖方提供的最高补偿是多少？A.$14 million 1400 万美元B.＄28 million 2800 万美元C.＄42 million 4200 万美元D。＄71 million 7100 万美元我的答案： B3 . Generally speaking， Mergers and Acquisitions acquirers issuing more than ＄100 million of new debt need to have the following on a pro forma basis： 一般而言，发行超过 1 亿美元新债务的并购收购方需要完成以下工作：A。Completed due diligence on the seller 完成对卖方的尽职调查B.An investment banker to assist with the finance 投资银行家协助融资C.A credit rating on the new debt from a rating agency 评级机构对新债务的信用评级D。An equ...