I was feeling nostalgic this morning and dusted off my old M&A bible to see how much things have changed the late 90s. For several years this manual found its way to every analyst cubicle on Wall Street.
Given significant changes in the accounting and M&A landscape since this M&A bible was written, it is no longer a useful guide for current M&A professionals but best practices, but if someone builds a museum of investment banking, this handbook would surely belong: