Thanks to this 100% online Professional master’s degree, you will apply the most sophisticated methods of company valuation from a financial and strategic perspective” 

Why Study at TECH?

TECH is the world's largest 100% online business school. It is an elite business school, with a model based on the highest academic standards. A world-class center for intensive managerial skills education.   

TECH is a university at the forefront of technology, and puts all its resources at the student's disposal to help them achieve entrepreneurial success"

At TECH Global University

Innovation

The university offers an online learning model that balances the latest educational technology with the most rigorous teaching methods. A unique method with the highest international recognition that will provide students with the keys to develop in a rapidly-evolving world, where innovation must be every entrepreneur’s focus.

"Microsoft Europe Success Story", for integrating the innovative, interactive multi-video system. 

The Highest Standards

Admissions criteria at TECH are not economic. Students don't need to make a large investment to study at this university. However, in order to obtain a qualification from TECH, the student's intelligence and ability will be tested to their limits. The institution's academic standards are exceptionally high...  

95% of TECH students successfully complete their studies.

Networking

Professionals from countries all over the world attend TECH, allowing students to establish a large network of contacts that may prove useful to them in the future.  

100,000+ executives prepared each year, 200+ different nationalities.

Empowerment

Students will grow hand in hand with the best companies and highly regarded and influential professionals. TECH has developed strategic partnerships and a valuable network of contacts with major economic players in 7 continents.  

500+ collaborative agreements with leading companies.

Talent

This program is a unique initiative to allow students to showcase their talent in the business world. An opportunity that will allow them to voice their concerns and share their business vision. 

After completing this program, TECH helps students show the world their talent.

Multicultural Context

While studying at TECH, students will enjoy a unique experience. Study in a multicultural context. In a program with a global vision, through which students can learn about the operating methods in different parts of the world, and gather the latest information that best adapts to their business idea.

TECH students represent more than 200 different nationalities.  

Learn with the best

In the classroom, TECH’s teaching staff discuss how they have achieved success in their companies, working in a real, lively, and dynamic context. Teachers who are fully committed to offering a quality specialization that will allow students to advance in their career and stand out in the business world. 

Teachers representing 20 different nationalities. 

TECH strives for excellence and, to this end, boasts a series of characteristics that make this university unique:   

Analysis

TECH explores the student’s critical side, their ability to question things, their problem-solving skills, as well as their interpersonal skills.  

Academic Excellence

TECH offers students the best online learning methodology. The university combines the Relearning method (postgraduate learning methodology with the best international valuation) with the Case Study. Tradition and vanguard in a difficult balance, and in the context of the most demanding educational itinerary. 

TECH is the world’s largest online university. It currently boasts a portfolio of more than 10,000 university postgraduate programs. And in today's new economy, volume + technology = a ground-breaking price. This way, TECH ensures that studying is not as expensive for students as it would be at another university.   

At TECH, you will have access to the most rigorous and up-to-date case analyses in academia” 

This Professional master’s degree in Mergers & Acquisitions is delivered in a convenient 100% online format, allowing students to plan their own schedule and pace of study. Over 12 months, graduates will embark on a high-intensity experience that will lay the foundation for their success as a Mergers & Acquisitions Manager.

You will master advanced analytical methods for the evaluation and assessment of investment opportunities in M&A transactions” 

Syllabus

TECH Global University's Professional master’s degree in Mergers and Acquisitions is an intensive program that equips students with the resources they need to meet the challenges of corporate finance. In the same vein, the program will provide graduates with leadership skills to manage complex projects involving multidisciplinary teams.  
Throughout the training, graduates will analyze various real cases in simulated learning environments. In this way, professionals will acquire beneficial skills that will ensure their business success. 

The university degree will address in detail all the stages of the Professional master’s degree process. Along these lines, the syllabus will delve into advanced methods of company valuation, both from a financial and strategic perspective. The curriculum will also examine the Due Diligence process, which will enable graduates to conduct a thorough investigation of all operational, financial, legal and regulatory aspects of a target company.  

To enhance understanding and retention of concepts, TECH employs its disruptive Relearning methodology.  This learning method will enable students to consolidate their knowledge in a natural way.   

This Professional master’s degree takes place over 12 months and is divided into 10 modules:

Module 1. Mergers and Acquisitions
Module 2. Merger and Acquisition Strategy and Planning
Module 3. Valuation and Evaluation of Companies in Merger and Acquisition Processes 
Module 4. Financing in Mergers and Acquisitions Processes
Module 5. Due Diligence in Mergers & Acquisitions
Module 6. Negotiation and Contract in Mergers & Acquisitions
Module 7. Post-Acquisition Integration in Mergers and Acquisitions
Module 8. Risk and Compliance Management in Mergers & Acquisitions 
Module 9. ESG in Mergers and Acquisitions 
Module 10. Trends and Future of Mergers & Acquisitions

Where, When and How is it Taught?

TECH offers the possibility of developing this Professional master’s degree in Mergers and Acquisition completely online. Throughout the 12 months of the educational program, you will be able to access all the contents of this program at any time, allowing you to self-manage your study time. 

Module 1. Mergers and Acquisitions 

1.1. Mergers and Acquisitions 

1.1.1. Types of Mergers and Acquisitions 
1.1.2. Differences between Mergers and Acquisitions 
1.1.3. Life Cycle of a Merger and Acquisition Transaction 

1.2. Evolution of Mergers and Acquisitions  

1.2.1. Historical Evolution of Mergers and Acquisitions  
1.2.2. Trends and Cycles in Mergers & Acquisitions 
1.2.3. Major Historical Transactions 

1.3. Feasibility of Mergers and Acquisitions 

1.3.1. Value Creation and Synergies 
1.3.2. Diversification and Market Expansion 
1.3.3. Acquisition of Competencies and Resources 

1.4. Types of Mergers and Acquisitions Transactions 

1.4.1. Horizontal, Vertical and Conglomerate Mergers  
1.4.2. Friendly and Hostile Acquisitions 
1.4.3. Joint Ventures and Strategic Alliances

1.5. Process of Mergers and Acquisitions 

1.5.1. Stages of the Mergers and Acquisitions Process 
1.5.2. Going Public: MAB and Continuous Market
1.5.3. Due Diligence and Evaluation
1.5.4. Integration

1.6. Financial Analysis in Mergers and Acquisitions  

1.6.1. Financial Statements and Key Ratios 
1.6.2. Profitability and Risk Analysis 
1.6.3. Financial Health Assessment 

1.7. Valuation of Companies 

1.7.1. Valuation Methods: DCF, Market Multiples 
1.7.2. Valuation of Intangible Assets 
1.7.3. Evaluation of Synergies 

1.8. Formal Aspects in Mergers and Acquisitions 

1.8.1. Regulatory Framework and International Regulations 
1.8.2. Contracts and Legal Documentation 
1.8.3. Compliance and Legal Due Diligence 

1.9. Financing of Mergers and Acquisitions 

1.9.1. Sources of Financing: Debt and Equity 
1.9.2. Structuring Financing 
1.9.3. Tax Aspects and their Impact 

1.10. Risk and Problems in Mergers & Acquisitions 

1.10.1. Risk Identification and Management 
1.10.2. Common Problems in Mergers and Acquisitions 
1.10.3. Risk Mitigation Strategies 

Module 2. Merger and Acquisition Strategy and Planning

2.1. Strategic Objectives of Mergers and Acquisitions

2.1.1. Identification of Corporate Objectives
2.1.2. Alignment with Corporate Strategy
2.1.3. Examples of Strategic Objectives

2.2. Market and Competition Analysis

2.2.1. PESTEL and SWOT Analysis
2.2.2. Competitive Environment Assessment
2.2.3. Opportunity and Threat Identification

2.3. Identification of Candidates for Mergers and Acquisitions 

2.3.1. Selection Criteria
2.3.2. Sources of Information and Searches
2.3.3. Initial Evaluation of Candidates

2.4. Preliminary Evaluation and Due Diligence

2.4.1. Financial and Legal Due Diligence
2.4.2. Operational and Commercial Analysis
2.4.3. Evaluation of Potential Synergies

2.5. Strategies to Reach an Agreement in a Merger

2.5.1. Negotiation Strategies
2.5.2. Drafting and Reviewing Agreements
2.5.3. Conflict Management and Resolution

2.6. Communication Strategy in Mergers & Acquisitions 

2.6.1. Internal and External Communication
2.6.2. Investor Expectation Management
2.6.3. Transparency and Financial Reporting

2.7. Integration Planning

2.7.1. Integration Planning
2.7.2. Change Management and Organizational Culture
2.7.3. Integration Success Evaluation

2.8. Managing Human Capital

2.8.1. Talent Management
2.8.2. Personnel Restructuring
2.8.3. Management of Corporate Culture

2.9. Technologies and Systems in Mergers and Acquisitions

2.9.1. IT Systems Evaluation
2.9.2. Systems and Data Integration
2.9.3. Cybersecurity Management

2.10. Ethics and Responsibility in Mergers and Acquisitions

2.10.1. Ethical Principles in Mergers and Acquisitions
2.10.2. Corporate Social Responsibility
2.10.3. Impact on Communities and the Environment

Module 3. Valuation and Evaluation of Companies in Merger and Acquisition Processes 

3.1. Valuation of Companies in Merger and Acquisition Processes

3.1.1. The Valuation of the Company in the Merger and Acquisition Process
3.1.2. Importance of the Valuation in the Merger & Acquisition Process
3.1.3. Valuation Methods

3.2. Discounted Cash Flow Method (DCF)

3.2.1. Discounted Cash Flows (DCF)
3.2.2. Cash Flow Projection
3.2.3. Determination of Terminal Value

3.3. Valuation using Market Multiples

3.3.1. Selection of Adequate Multiples
3.3.2. Application and Adjustment of Multiples
3.3.3. Comparative Analysis

3.4. Valuation of Intangible Assets

3.4.1. Identification of Intangible Assets
3.4.2. Intangible Valuation Methods
3.4.3. Impact of Intangibles on Total Valuation

3.5. Evaluation of Synergies

3.5.1. Types of Synergies: Operational and Financial
3.5.2. Quantification of Synergies
3.5.3. Risks Associated with Synergies

3.6. Analysis of Financial Statements

3.6.1. Analysis of the Balance Sheet
3.6.2. Income Statement Evaluation
3.6.3. Cash Flow Analysis

3.7. Valuation Risks

3.7.1. Identification of Key Risks
3.7.2. Risk Assessment and Mitigation
3.7.3. Sensitivity and Scenario Analysis

3.8. Assessment in Specific Contexts

3.8.1. Startups and Growth Companies
3.8.2. Companies in Restructuring
3.8.3. Highly Volatile Companies

3.9. Valuation Adjustments and Premiums

3.9.1. Control and Liquidity Adjustments
3.9.2. Specific Risk Premiums
3.9.3. Discounts for Lack of Control

3.10. Valuation Tools and Software

3.10.1. Common Tools in the Industry
3.10.2. Financial Models and their Applications
3.10.3. Advantages and Limitations of the Tools

Module 4. Financing in Mergers and Acquisitions Processes 

4.1. Financing Options in Mergers & Acquisitions

4.1.1. Debt Financing
4.1.2. Equity Financing
4.1.3. Other Forms of Financing

4.2. Debt vs. Equity

4.2.1. Advantages and Disadvantages of Debt
4.2.2. Advantages and Disadvantages of Equity
4.2.3. Practical Application

4.3. Structuring the Financing

4.3.1. Designing the Financial Structure
4.3.2. Optimization of Financing
4.3.3. Impact on the Company's Balance Sheet

4.4. Role of Investment Banks

4.4.1. Functions and Services of Investment Banks
4.4.2. Mergers and Acquisitions Advisory Process 
4.4.3. Practical Application

4.5. Debt Capacity Analysis

4.5.1. Calculation of Debt Ratios
4.5.2. Evaluation of Payment Capacity
4.5.3. Risks Associated with Indebtedness

4.6. Leveraged Mergers (LBOs)

4.6.1. Leveraged Mergers (LBO)
4.6.2. Structuring a Leveraged Merger (LBO)
4.6.3. Examples and Practical Applications

4.7. Role of Private Equity Funds

4.7.1. Function of Private Equity Funds
4.7.2. Investments Strategies in Mergers & Acquisitions
4.7.3. Examples of Participations

4.8. Mezzanine Financing

4.8.1. Mezzanine Financing
4.8.2. Advantages and Disadvantages
4.8.3. Practical Application

4.9. Financial Impact of Mergers and Acquisitions

4.9.1. Analysis of the Impact on the Balance Sheet
4.9.2. Effects on Profitability and Liquidity
4.9.3. Practical Application

4.10. Financing Case Studies

4.10.1. Analysis of Successful Financing Cases
4.10.2. Examples of Innovative Structures
4.10.3. Lessons Learned

Module 5. Due Diligence in Mergers & Acquisitions 

5.1. Process of Due Diligence in Mergers & Acquisitions

5.1.1. Due Diligence
5.1.2. Stages of the Due Diligence Process
5.1.3. Planning and Execution

5.2. Financial Due Diligence

5.2.1. Financial Statements
5.2.2. Debt and Liquidity Analysis
5.2.3. Evaluation of Revenues and Costs

5.3. International Legal Due Diligence

5.3.1. Review of International Legal Documents
5.3.2. International Legal Risk Assessment 
5.3.3. International Regulatory Compliance

5.4. Commercial Due Diligence

5.4.1. Market and Competition Analysis
5.4.2. Customer Portfolio Assessment
5.4.3. Growth Projections

5.5. Operational Due Diligence

5.5.1. Evaluation of Operational Processes
5.5.2. Supply Chain Analysis
5.5.3. Facilities and Assets Review

5.6. Human Resources Due Diligence

5.6.1. Organizational Structure Assessment
5.6.2. Compensation and Benefits Analysis
5.6.3. Talent Retention and Management

5.7. IT and Systems Due Diligence

5.7.1. IT Infrastructure Evaluation
5.7.2. Information Security
5.7.3. Systems Integration

5.8. Environmental Due Diligence

5.8.1. Environmental Impact Assessment
5.8.2. Compliance with Environmental Regulations
5.8.3. Environmental Risks and Liabilities

5.9. Fiscal Due Diligence

5.9.1. Review of Tax Obligations
5.9.2. Tax Risk Assessment
5.9.3. Post-Acquisition Tax Planning

5.10. Due Diligence Report

5.10.1. Structure of the Due Diligence Report
5.10.2. Presentation of Findings and Recommendations
5.10.3. Decision Making Based on the Report

Module 6. Negotiation and Contract in Mergers & Acquisitions

6.1. Negotiation in Mergers and Acquisitions

6.1.1. Negotiation in Mergers and Acquisitions
6.1.2. Negotiation Strategies
6.1.3. Preparation for the Negotiation

6.2. Negotiation Techniques Applied to Mergers and Acquisitions

6.2.1. Persuasion and Influence Techniques
6.2.2. Concession Management
6.2.3. Conflict Resolution

6.3. Relevant Aspects of Negotiation in Mergers and Acquisitions 

6.3.1. Particularities of Negotiation in Mergers and Acquisitions
6.3.2. Strategies for Friendly and Hostile Negotiations 
6.3.3. Negotiation Roles and Responsibilities

6.4. Preliminary Documentation

6.4.1. Letter of Intent (LOI)
6.4.2. Memorandum of Understanding (MOU)
6.4.3. Confidentiality Agreements (NDA)

6.5. Sales and Purchase Agreement (SPA)

6.5.1. Key Components of the SPA
6.5.2. Representations and Warranties
6.5.3. Conditions Precedent and Closing

6.6. Financial Aspects in the Negotiation

6.6.1. Differences between Entreprise Value and Equity Value. Payment Structure
6.6.2. Price Adjustments
6.6.3. Earning and Retention Clauses

6.7. International Legal Aspects in Negotiation

6.7.1. International Regulatory Compliance
6.7.2. Intellectual Property Protection
6.7.3. Dispute Resolution

6.8. Conflict Management in the Field of Mergers and Acquisitions

6.8.1. Identification of Potential Conflicts
6.8.2. Mediation and Arbitration Techniques
6.8.3. Conflict Resolution and Prevention

6.9. The Negotiation Closure in the Field of Mergers and Acquisitions

6.9.1. Closing Procedures
6.9.2. Coordination of Interested Parties
6.9.3. Documentation and Records

6.10. Post-Negotiation Evaluation

6.10.1. Review of Negotiation Results
6.10.2. Analysis of Lessons Learned
6.10.3. Continuous Improvement in Negotiation Strategy

Module 7. Post-Acquisition Integration in Mergers and Acquisitions 

7.1. Post-Acquisition Company Integration Planning

7.1.1. Integration Objectives and Strategy
7.1.2. Integration Plan Design
7.1.3. Timeline and Resources Required

7.2. Change Management

7.2.1. Change Management
7.2.2. Communication and Participation
7.2.3. Overcoming Resistance to Change

7.3. Integration. of Human Resources

7.3.1. Key Talent Retention
7.3.2. Alignment of Corporate Cultures
7.3.3. Workforce Restructuring

7.4. Systems and Process Integration

7.4.1. Systems Evaluation and Selection
7.4.2. Data and Systems Migration
7.4.3. Process Optimization

7.5. Synergies and Value Creation

7.5.1. Identification of Synergies
7.5.2. Measuring and Realizing Synergies
7.5.3. Monitoring and Evaluation of Results

7.6. Internal and External Communication in Post-Acquisition

7.6.1. Communication Strategies
7.6.2. Public Perception Management
7.6.3. Investor and Stakeholder Communication 

7.7. Post-Acquisition Organizational Culture Management

7.7.1. Evaluation of Organizational Cultures
7.7.2. Strategies for Cultural Alignment
7.7.3. Fostering a New Corporate Culture

7.8. Post-Acquisition Integration Progress Evaluation

7.8.1. Key Performance Indicators (KPIs)
7.8.2. Review and Adjustment of the Integration Plan
7.8.3. Progress Reports and Feedback

7.9. Technology and Digitization

7.9.1. IT Infrastructure Integration.
7.9.2. Innovation and Digital Transformation
7.9.3. Security and Data Protection

7.10. Integration Examples Post-Acquisition

7.10.1. Success and Failure Analysis
7.10.2. Lessons Learned
7.10.3. Best Practices in Integration

Module 8. Risk Management and Compliance in Mergers and Acquisitions

8.1. Risk Identification in Mergers and Acquisitions

8.1.1. Types of Risks in Mergers and Acquisitions 
8.1.2. Risk Identification Methodologies
8.1.3. Risk Assessment Tools

8.2. Financial and Market Risks

8.2.1. Financing Risks
8.2.2. Market Volatility
8.2.3. Foreign Exchange Risks

8.3. Operational and Integration Risks

8.3.1. Failures in the Integration of Operations
8.3.2. Supply Chain Disruptions
8.3.3. Impact on Productivity

8.4. Legal and Regulatory Risks

8.4.1. Regulatory Compliance
8.4.2. Litigation and Legal Disputes
8.4.3. Penalties and Fines

8.5. Technological and Security Risks

8.5.1. IT Systems Integration
8.5.2. Cybersecurity and Data Protection
8.5.3. Technological Innovation

8.6. Human Resources Risks

8.6.1. Talent Retention
8.6.2. Labor Conflicts
8.6.3. Cultural Change Management

8.7. Reputational Risks

8.7.1. Impact on Corporate Reputation
8.7.2. Crisis Management and Communication
8.7.3. Relationship with Stakeholders

8.8. Environmental and Social Risks

8.8.1. Compliance with Environmental Standards
8.8.2. Corporate Social Responsibility
8.8.3. Community Impact

8.9. Risk Management and Mitigation

8.9.1. Mitigation Strategies
8.9.2. Contingency Planning
8.9.3. Risk Monitoring and Control

8.10. Practical Examples of Risks in Mergers and Acquisitions

8.10.1. Analysis of Real Situations
8.10.2. Lessons Learned
8.10.3. Best Practices in Risk Management

Module 9. ESG in Mergers and Acquisitions 

9.1. ESG in Mergers and Acquisitions

9.1.1. Environmental, Social and Corporate Governance ESG
9.1.2. ESG in the Context of Mergers and Acquisitions
9.1.3. Global and Regulatory ESG Trends

9.2. ESG Integration in the Merger and Acquisition Process

9.2.1. ESG in the Evaluation of Target Companies
9.2.2. Incorporation of ESG Factors in Strategy and Negotiation
9.2.3. Evaluation of ESG Risks and Opportunities during Due Diligence

9.3. ESG Impact Assessment

9.3.1. Metrics and KPIs to Measure ESG Performance
9.3.2. Impact of ESG Factors on Long-Term Value and Sustainability 
9.3.3. ESG Reporting and Transparency in Mergers and Acquisitions 

9.4. ESG Due Diligence

9.4.1. ESG Due Diligence Methodology and Process
9.4.2. Identification of ESG Risks and Opportunities
9.4.3. Integration of ESG Due Diligence in the Merger & Acquisition Process

9.5. ESG Risk Mitigation Strategies

9.5.1. Strategies and Practices to Mitigate Environmental, Social and Corporate Governance Risks
9.5.2. Crisis and Reputation Management in the ESG Context
9.5.3. Implementation of Responsible and Sustainable Post-Acquisition  Practices

9.6. ESG Best Practices and Standards in Mergers and Acquisitions

9.6.1. International Principles and Standards
9.6.2. Sustainability and Corporate Responsibility Initiatives
9.6.3. ESG Certifications and Accreditations and Their Impact on Mergers and Acquisitions

9.7. Integration of ESG Factors into the Corporate Strategy

9.7.1. Alignment of Corporate Objectives with ESG Considerations
9.7.2. Development of Sustainable and Socially Responsible Corporate Strategies
9.7.3. Impact on Organizational Culture and Company Identity 

9.8. ESG and Value Creation in Mergers and Acquisitions

9.8.1. Synergies and Opportunities for Value Creation through ESG Factors 
9.8.2. Impact on Profitability and Market Perception
9.8.3. Case Studies of Successful Transactions with an ESG Focus

9.9. ESG Communication in Mergers and Acquisitions

9.9.1. Internal and External Communication Strategies on ESG Issues
9.9.2. Reputation and Brand Management in the ESG Context
9.9.3. Transparency and Disclosure of ESG Information to Stakeholders

9.10. Challenges and Future of ESG in Mergers and Acquisitions

9.10.1. Obstacles and Challenges in Integrating ESG Considerations in Mergers & Acquisitions
9.10.2. Emerging Trends and Future Role of ESG in the Mergers & Acquisitions Industry 
9.10.3. Perspectives on the Evolution of the ESG Agenda and Its Impact on the Industry

Module 10. Trends and Future of Mergers and Acquisitions 

10.1. Current Trends in Mergers and Acquisitions

10.1.1. Analysis of Recent Trends
10.1.2. Impact of Technology on Mergers and Acquisitions
10.1.3. Cross-Border Mergers and Acquisitions

10.2. Innovation and Digital Transformation

10.2.1. Digitalization and Impact on Mergers and Acquisitions
10.2.2. Integration of Emerging Technologies
10.2.3. Innovation Strategies

10.3. Sustainability and Mergers and Acquisitions

10.3.1. Integration of ESG Criteria
10.3.2. Impact of Sustainability on Mergers and Acquisitions 
10.3.3. Successful Cases of Sustainable Functions and Acquisitions

10.4. Mergers and Acquisitions in Emerging Sectors

10.4.1. High Growth Sectors
10.4.2. Opportunities in Emerging Markets
10.4.3. Challenges and Strategies

10.5. Impact of Globalization on Mergers and Acquisitions

10.5.1. Mergers and Acquisitions in a Globalized Environment
10.5.2. Cross-Border Regulations and Barriers
10.5.3. Geopolitical Risk Management

10.6. Mergers and Acquisitions in the Post-COVID Era

10.6.1. Changes in the Post-Pandemic Market
10.6.2. Adaptation of Mergers and Acquisitions Strategies
10.6.3. Opportunities and Challenges

10.7. Artificial Intelligence and Big Data in Mergers and Acquisitions

10.7.1. Applications of Artificial Intelligence (AI) in the Mergers and Acquisitions Process
10.7.2. Big Data Analysis for Decision Making
10.7.3. Future of Technology in Mergers and Acquisitions

10.8. Growth and Expansion Strategies 

10.8.1. Organic vs. Inorganic Growth Strategies 
10.8.2. International Expansion
10.8.3. Evaluation of New Markets

10.9. Future International Mergers and Acquisitions Regulations

10.9.1. Changes in the Regulatory Framework at the International Level
10.9.2. Impact of New Regulations at the International Level
10.9.3. Preparing for the Regulatory Future at the International Level

10.10. Future Prospects for Mergers and Acquisitions

10.10.1. Predictions and Projections
10.10.2. Factors that Will Influence the Future of Mergers and Acquisitions
10.10.3. Preparing for the Future of the Market

You will incorporate into your practice the most innovative strategies to effectively manage the integration of companies after the completion of the Acquisition, ensuring the maximization of synergies”