Assessment of The Benefits and Consequences of Mergers and Acquisitions

The market of mergers and acquisitions is growing and developing. It is difficult to judge how effective such transactions are, since there is no unequivocal opinion on this matter. There are examples when the company after the transaction becomes much stronger in the market and increases its value. But you can also find a lot of reverse situations: after the transaction, the company fell in price and is on the verge of bankruptcy. The problem is that mergers and acquisitions are very common in the market, but there is no single methodology by which effectiveness could be assessed. The relevance of the work lies in the fact that the M & A market is growing, and more and more companies are making such deals, so they need a system by which companies can evaluate their effectiveness. The object of study - mergers and acquisitions. The subject of the study - an assessment of the benefits and consequences of such transactions. The purpose of this work: an assessment of the benefits and consequences of mergers and acquisitions. Tasks: • To consider the basic concepts of mergers and acquisitions; • To consider the motives for such transactions; • To consider the main models for assessing the benefits and consequences of mergers and acquisitions; • To evaluate the benefits and implications of mergers and acquisitions on the example of Dell. The basis of the study will be the work of specialists in M ​​& A, corporate finance and business valuation. Among the foreign authors I would like to highlight :, Richard Roll, and Jack Murrin, Asvat Damodaran. Among the works of Russian authors, I would like to highlight: Veselov, A.I.,., Tim Koller, Ivinskaya, MS., Ivashkovskaya, I., Votchayeva, A.A. The first chapter deals with the basic concepts, different approaches, types of mergers and acquisitions, the motives for making transactions. The second chapter presents the main models for assessing the benefits and effects of mergers and acquisitions. Chapter Three assesses the benefits and consequences of Dell after M&A.