Prerequisite: PROPERTY, Business Organization or permission of the instructor.

Builds upon financial and legal concepts introduced in Business Organizations, applying them primarily to public corporations (those companies whose shares are held by sufficient numbers of shareholders to permit public trading in the secondary markets such as the New York Stock Exchange and the over-the-counter NASDAQ system). Particular attention is paid to mergers and acquisitions, debtholders' rights, and valuation concepts used by managers, lawyers and judges. No previous experience with corporate finance is necessary.