This book focuses on one of the most often debated and key issues in mergers and acquisitions–why some deals fail miserably and why others prosper. It will put forward a guide map for what potential buyers should look for when picking a target and what characteristics of sellers they should seek to avoid.
Book Details:
- Author: Patrick A. Gaughan
- ISBN: 9780470245330
- Year Published: 2005
- Pages: 356
- BISAC: BUS015000, BUSINESS & ECONOMICS/Mergers & Acquisitions
About the Book and Topic:
This book focuses on one of the most often debated and key issues in mergers and acquisitions–why some deals fail miserably and why others prosper. It will put forward a guide map for what potential buyers should look for when picking a target and what characteristics of sellers they should seek to avoid.
As increasingly more companies look to mergers and acquisitions as a source of new growth and revenue, there is an even greater chance that these M&As will be bad. In the past year, we have seen several of these acquisitions not meet expectations and hurt a company’s value instead of creating greater value. This book will show financial managers what to look for when seeking out potential acquisition/merger targets and the pitfalls to avoid.
Explains why some M&A deals fail and others succeed. Shows buyers what to look for in potential targets. Shows buyers what characteristics to avoid in companies that are for sale. Provides examples of high-profile M&A failures (e.g., Quaker Oats, United Airlines, Sears, and Mattel). Provides examples of high profile M&A successes (e.g., General Electric and Cisco).
About the Author
Patrick Gaughan (New York, NY) is President of Economatrix Research Associates. He is also Professor of Economics and Finance at the College of Business at Fairleigh Dickinson University. Dr Gaughan has authored several books and articles in the field of mergers and acquisitions. He is actively engaged in the practice of business valuations for mergers and corporate restructurings, as well as other related applications. He has been teaching mergers and acquisitions on the graduate level for many years, and is a consultant for several Fortune 500 companies.