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Acquisitions – Myths and Reality
By Philippe C. Haspeslagh and David B. Jemison
Winter 1987
Reprint 2826
Volume 28, Number 2, pages 53-58, 6 pages
Primary Topic: Financial Management
Secondary Topic: Corporate Strategy

Summary

Some acquisitions work; some don't. Even as the merger wave continues unabated, managers and commentators disagree about its value -- both to shareholders and to the long-term health of the acquiring firms. These authors explore several myths that now dominate the debate over what makes for a successful acquisition. They argue that the acquisition process itself is a critical factor in the deal's ultimate fate.

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