2nd Edition
by Stuart C. Gilson (Author), Edward I. Altman (Foreword)
An updated look at how corporate restructuring really works
Stuart
Gilson is one of the leading corporate restructuring experts in the
United States, teaching thousands of students and consulting with
numerous companies. Now, in the second edition of this bestselling book,
Gilson returns to present new insight into corporate restructuring.
Through
real-world case studies that involve some of the most prominent
restructurings of the last ten years, and highlighting the increased
role of hedge funds in distressed investing, you'll develop a better
sense of the restructuring process and how it can truly create value. In
addition to "classic" buyout and structuring case studies, this second
edition includes coverage of Delphi, General Motors, the Finova Group
and Warren Buffett, Kmart and Sears, Adelphia Communications, Seagate
Technology, Dupont-Conoco, and even the Eurotunnel debt restructuring.
- Covers
corporate bankruptcy reorganization, debt workouts, "vulture"
investing, equity spin-offs, asset divestitures, and much more
- Addresses the effect of employee layoffs and corporate downsizing
- Examines how companies allocate value and when a corporation should "pull the trigger"
From
hedge funds to financial fraud to subprime busts, this second edition
offers a rare look at some of the most innovative and controversial
restructurings ever.
