Mastering the Merger: Four Critical Decisions That Make or Break the Deal
By (Author) David Harding
By (author) Sam Rovit
Harvard Business Review Press
Harvard Business Review Press
1st November 2004
United States
Professional and Scholarly
Non Fiction
658.16
Hardback
224
Width 165mm, Height 241mm
549g
70% of M&A's fail, yet deals are essential for growing world-class companies. How have the most successful deal makers consistently defied this paradox and beaten the odds The answer is by using a disciplined approach to deal making, focusing on just four key decisions. M&A activity is heating up again and international deals are regularly in the news. This will be a high-priority topic for companies - and they will be eager for guidance in how to make sure their deals don't flop. Most other books on M&A are more comprehensive, covering all aspects of the deal from planning to integration. This book offers a distinct contribution to M&A literature in that it purposefully focuses on the due diligence that must be done BEFORE a decision to make a deal ever happens. It identifies the key factors that are most critical to whether or not a merger succeeds. Get these right, and your chances of success are much greater. Defies common M&A wisdom: Since one-shot megadeals get all the headlines, most people think they are the norm in the deal making arena. But the authors' extensive research shows that the most successful deal makers actually do lots of smaller deals - essentially building a success formula for deal making over time
David Harding is Director at Bain & Company and is a leader in the areas of Corporate Strategy and Organizational Effectiveness. Sam Rovit leads Bain's Global M&A practice.