Answer Happy

[10] There are 2 types of investment bankers. One type specializes in "products" or "functions for their clients. Within this "products" type, an important functional group, which usually generates substantial revenues for the investment bank or investment banking division, is mergers-and-acquisitions (M&A). (a) Please name the 6 functional work assignments for M&A investment bankers; (b) Between a sell-side transaction and a buy-side transaction, which one would you think have higher probability of completion and explain; and (c) Before the official announcement of the M&A to the public, do you think the investment banker should disclose the ongoing negotiation to anyone who is not a party in the negotiation?