Orsag, Silvije; G. McClure, Kenneth - In: UTMS Journal of Economics 4 (2013) 2, pp. 71-77
The subject of this paper is a modified net present value, and how it could be a useful tool for synergy valuation in … different from the post-acquisition cost of capital. In these cases, the analyst can apply modified net present value method. … present value of business combination. Traditional capital budgeting analyses of business combination is based on net present …