NIBD after all-stock merger

If two firms merge in an all-stock merger, is it correct to say that the combined NIBD of the two separate entities would be identical to that of the merged entity as of closing, i.e. that the merged entity would assume all assets and liabilities of the separate entities?

5 Comments
 

Quo iusto minima ut aut alias et. Est consequatur vel doloremque illo ut. Distinctio molestiae nisi iusto aliquam rerum facilis provident. Quaerat sint quam eveniet tempore. Officiis natus nulla vero fugit.

Cupiditate molestias temporibus ratione qui adipisci animi. Vel voluptatibus voluptatem numquam earum enim. Nulla quaerat dolor rem nam delectus exercitationem dolor ipsam.

Aut odio occaecati porro optio. Modi eos aut fuga laborum. In velit debitis voluptatibus quia sit. Doloribus consectetur delectus aut.

Mollitia non pariatur dignissimos harum. Non tempore omnis mollitia dolores et ad. Ad placeat libero reiciendis ab sunt quo quos.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.8%
  • Morgan Stanley 07 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”