Publisher's Synopsis
Enrique Arzac has provided an excellent analytical framework for the LBO business. William T. Comfort, Chairman, Citigroup Venture Capital
"Enrique Arzac has created a masterpiece his work combines the theoretical with the practical. He has created an invaluable reference guide that is thoughtful, complete and very user friendly.... His work should be standard material for all incoming associates. James P. McVeigh, Managing Director, Corporate & Investment Banking, Banc of America Securities
By incorporating over 30 years of research, teaching, and practical experience, Professor Arzac has created a text that is not only timely, but timeless in its usefulness to anyone interested in learning the applications of financial theory for the best and most useful allocation of the scarcest economic resource in the world capital. William W. Priest, Co–Managing Partner, Steinberg, Priest and Sloane Capital Management, Former Chairman and CEO of Credit Suisse Asset Mana gement
"Unlike other texts on valuation, [Arzac] explains the reasons for the process and sequence that he recommends rather than just providing the ingredients and the recipe without explanation. This is a welcome addition to the literature in applied corporate finance." Joel M. Stern, Managing Partner, Stern, Stewart & Co.
