Mergers, Acquisitions, Tender Offers, and Restructuring

The final Series 79 chapter covers the advisory side of investment banking beyond new financing deals. Mergers, acquisitions, tender offers, fairness opinions, signing-to-closing mechanics, and restructuring transactions all require workflow discipline, legal awareness, and transaction judgment.

Read this chapter as a corporate-transaction sequence. Start with sell-side and buy-side processes, then move into fairness opinions, transaction completion, tender-offer rules, and restructuring situations.

In this section

• Sell-Side Transactions
  Study how Series 79 tests sell-side M&A assignments, including mandate logic, process management, buyer outreach, and seller objectives.
• Buy-Side Transactions
  Review buy-side M&A work on Series 79, including target evaluation, strategic fit, negotiation support, and acquisition process judgment.
• Fairness Opinions
  Learn how Series 79 tests fairness opinions, including purpose, analytical support, board context, and opinion-related process discipline.
• Signing to Closing
  Review the post-signing transaction workflow on Series 79, including approvals, conditions, documentation, and completion risk from signing to closing.
• Tender Offer Regulations
  Study the tender-offer rules tested on Series 79, including timing, disclosure, process fairness, and regulatory obligations.
• Financial Restructuring and Bankruptcy
  Review restructuring and bankruptcy transaction concepts tested on Series 79, including distressed-process logic, stakeholder issues, and advisory workflow.