Section 368
Overview and Fundamentals of Section 368 Section 368(A)(1) outlines a format for US tax treatment of corporate reorganizations, as described in the Internal Revenue Code of 1986. The reorganization transactions, however, must meet certain legal requirements to classify for the favorable treatment. Additionally, there has been further precedent outside of the codified requirements that have developed...
Investment Banking Job Description
Investment Banking Job Description This investment banking job description was inspired by the responsibilities outlined by a list of investment banks including Goldman Sachs, Morgan Stanley, Credit Suisse, UBS, and Barclays. To ensure you have the skills required for the job, check out CFI’s investment banking courses now! Key Responsibilities Development of various types of financial models to...
CIM - Confidential Information Memorandum
What is a Confidential Information Memorandum (CIM)? A Confidential Information Memorandum (CIM) is a document used in mergers and acquisitions to convey important information about a business that’s for sale including its operations, financial statements, management team, and other data to a prospective buyer. This guide will break down all the various sections that are included in most CIMs...
M&A Synergies
What are M&A Synergies? A synergy arises in a merger or acquisition when the combined value of the two firms is higher than the pre-merger value of both firms combined. For example, if firm A has a value of $500M, firm B has a value of $75M, and the merged firm has a value of...
What are Synergies? Revenue, Cost, and Financial Synergies Explained
What are Synergies? Synergies arise in a merger or acquisition (M&A) when the merged value of the two firms is higher than the pre-merger value of both firms simply added together. For example, if firm A has a value of $500 million, firm B has a value of $75 million, but the combined value of...
