That CIOs Must Walk Point On M&As

摘要

Like Gordon Gekko in wall street. Money Never Sleeps, merger and acquisition activity is back. In 2010, deals were up 24% compared with 2009, according to Merger-market. In fact, just about every sector showed an increase since the low point of the recession, across all deal sizes. This is a good thing, right? Not always. In a well-known study, Boston Consulting Group looked at 14 years' worth of M&As and found that 58% of them ultimately reduced the value of the acquiring company. Name your favorite letdown: AOL-Time Warner, Quaker Oats-Snapple, HP-Compaq, Daimler-Chrysler—the list is endless.