The Management of Mergers and Acquisitions

195 Pages·2016·1.46 MB·English

by  Very Ph.

The Management of
Mergers and Acquisitions
Philippe Very
Professor of Strategic Management
EDHEC Business School
Translated from French by John Cooke
EDHEC Business School

The Management of Mergers and Acquisitions

The Management of
Mergers and Acquisitions
Philippe Very
Professor of Strategic Management
EDHEC Business School
Translated from French by John Cooke
EDHEC Business School
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Contents
List of figures and tables xi
Preface xiii
Introduction xv
1 M&A failure as a management problem 1
1.1 Story: Flight NA3365 to Morkousk 1
1.2 A failure ... but not a calculated one! 10
The failure rate associated with acquisitions 10
Apparent problems usually associated with failure 11
Flight NA3365 to Morkousk 13
The real reasons for failure 14
Five characteristics that combine to create a problem
of management 17
Summary 19
2 Ego and geo: Two motivations for acquiring 21
2.1 Story: To conquer the world 21
2.2 Combining ego and geo ... 34
Is there a problem of dyslexia? 35
Personal interest and the interest of the group 35
Variety of geostrategic objectives 37