In this up-to-date synthesis of current valuation theory and practice, Enrique Arzac applies the latest academic thinking to mergers, buyouts, and restructuring, and blends it with his own practical approach to valuation developed over years of consulting. Throughout the text, Arzac provides illustrative examples and answers many of the valuation problems commonly encountered in professional practice. The result is a valuable toolkit of valuation procedures and analysis methods.
Enrique R. Arzac is a financial economist and Professor Emeritus of finance and economics at Columbia University specialized in asset pricing and corporate finance. Previously he was tenured Professor of Finance and Economics and served as the Senior Vice-Dean and Chairman of the Finance Division of the Columbia University Graduate School of Business. Before joining Columbia Arzac taught at the University of Buenos Aires, and was Chief Economist of the Latin American Economic Research Foundation.