M & As - Valuations - Costs - III

This is an area in which strategic, managerial, operational sides' effects are mostly either unconsidered or underestimated.

M & As - Valuations - Costs - II

There is a kind of resource allocation between the two as each is borne by different sides of the transaction.

"M&A"ed having additional sides such as rise in share price for a listed company gets another resource allocation, which is the public.

 I think discount rate should be adjusted to reflect these additional sides.