22-2 Topics Covered oThe market for Corporate Control SEnsible Motives for Mergers dUbious reasons for mergers → Evaluating mergers → Merger Tactics LEveraged buy-Outs MErgers and the economy Irwin/McGraw-Hill CThe McGraw-Hill Commpanies, Inc, 2001©The McGraw-Hill Companies, Inc.,2001 22- 2 Irwin/McGraw-Hill Topics Covered The Market for Corporate Control Sensible Motives for Mergers Dubious Reasons for Mergers Evaluating Mergers Merger Tactics Leveraged Buy-Outs Mergers and the Economy