Develop a list of a minimum of three best practices and/or practical approaches used by leading companies to address the critical issues and challenges in the area of mergers and acquisitions. For each of the identified best practices and/or practical approaches, include the following elements:

• Analyze the option you chose and explain how this practice or approach allows you to determine the maximum price valuation that should be paid for a target company.
• Explain how this practice or approach assists in the mitigation of the principal areas of risk, including tax consequences, undervaluation of purchase price, overvaluation of purchase price, etc.
• Explain how this practice or approach allows you to determine the best way to finance the acquisition