Merger Consequences Model
Merger Consequences Model — Advanced Course
Most "accretion/dilution" tutorials stop at one consideration structure. Real M&A bankers model the deal three ways — all-cash, mixed cash-stock, and all-stock — and compare the consequences side by side before recommending a structure to the board.
This course walks you through a complete Merger Consequences Model using a real-world case study: GlobalTech Inc. acquires DataSoft Corp. — a $13.6bn equity transaction at a 28% premium, with $350mm in run-rate synergies.
What's inside:
🔴 Before — blank, properly structured templates across 4 model sections (Sources & Uses, Standalone Financials, Pro Forma Combination, Consequences Analysis) — build the entire model yourself across all 3 consideration structures
🟢 After — the complete, fully worked solution to check your build against
📊 Sources & Uses for all three structures (all-cash, 60/40 cash-stock, all-stock)
📈 Pro forma combined model showing EPS accretion/dilution under each structure
🔁 Exchange ratio mechanics and contribution analysis (who's really bringing more value to the deal?)
💳 Credit metrics impact — how leverage and coverage ratios shift post-close
🎯 Sensitivity tables — EPS and exchange ratio across premium, synergy, and structure assumptions
❓ 40 interview-style Q&As covering deal structure mechanics, contribution analysis, exchange ratios, and credit impact — exactly what's asked in M&A and corporate development interviews
📖 Full glossary of MCM terms and ratios
Format: Complete Excel workbook (14 tabs) + branded PDF study guide.
Who this is for: IB/M&A interview candidates, corporate development professionals, and anyone who wants to understand how acquirers actually decide between cash, stock, and mixed deal structures — not just whether a deal is "accretive."
Precision. Discipline. Mastery.