For senior executives, bankers, attorneys, accountants, and others, The Art of M&A is the go-to resource for conducting or advising on M&A transactions. It guides you through all phases of the process, covering strategy, valuation, financing, structuring, due diligence, negotiation, closing, and integration/divestitures. Complete with updated research, this new edition reflects important changes in practices, market trends, court decisions, and state and federal regulations. Updates include: New deal examples throughout, from Kroger's/Albertson to X Holdings I, Inc./Twitter, The latest Delaware legal cases affecting merger agreements, including "fiduciary out" and "material adverse change" clauses critical to buyers and sellers alike, Brand-new topics, such as de-SPACing, locked-boxes, the one percent US buyback tax, and the rollout of the new global minimum tax The Art of M&A is an indispensable resource for anyone engaged in envisioning, structuring, closing, and prospering from deals that benefit everyone involved.