Description
The great majority of corporate mergers and acquisitions fail, whether the yardstick used is combined earnings, sales, growth rates, or shareholder value. And the single most crucial factor in so many cases is how the merger was
managed.
In this groundbreaking book, two veteran M&A consultants take you behind the scenes-examining the creation of Unisys, Times Mirror's acquisition of Graphic Controls, and dozens of other successful and poorly managed corporate marriages-to show you what's really required to achieve the best possible strategic, organizational, and cultural fit between any two companies.
With a growing number of strategic and global mergers looming in the 1990s-including Japanese purchases of American firms and U.S. buys in Europe-there is even a greater need, say the authors, "for joint planning, effective leadership, cultural sensitivity, and people-mindedness, central messages of this book."
ISBN:9780135446362