In a new world characterized by more frequent and richer flows of information, with plenty of available external capital, how will the - simultaneous - investment and divestment decisions be affected? This book discusses in detail the main features and relevance of asset sales as an integral component of many companies' growth strategies in the current, continually evolving corporate finance eco-system. After an introductory section on the relevance of asset sales in corporations (both non-financial and financial), it examines the corporate asset market and the mechanisms of asset sale transactions. The book then focuses on the theory of finance in asset sales (the efficiency and financing theory) and the extensive empirical literature now available. In light of recent and rapid technological and digital advances, the last section presents new perspectives on analyzing asset sales transactions. Chiefly intended as a primer for PhD students and academics, the book offers a road map of the empirical research landscape and suggests future research directions

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