... by the Supreme Court in U.S. v. Topco Associates in 1972. The Court stated: © Emerald Group Publishing Limited 2012 Antitrust Bailouts Megamergers Efficiency Department of Justice Federal Trade Commission Anti‐trust law Acquisitions and mergers United States of America...

... for defending against unwanted acquisitions and for increasing the likelihood of M&A success. © Emerald Group Publishing Limited 2010 Strategic management Acquisitions and mergers Assets Real estate Business performance This article is a first step toward filling this void. Integrating...

... to seven years. This suggests that these transactions create conditions that affect the stability of target company top management teams for seven or more years – both incumbent and new‐hire executives. © Emerald Group Publishing Limited 2009 Acquisitions and mergers Senior management Team...

... provide standardized metrics to develop actionable measures of value, which can then be used to make decisions about which product is more valuable to the portfolio and why. © Emerald Group Publishing Limited 2009 Portfolio investment Marketing strategy Acquisitions and mergers...

... Group Publishing Limited 2008 Acquisitions and mergers Logic The merger and industry concentration theory predicts that all industries concentrate (within a defined timeframe) and pass through distinctive phases in the concentration process. However, authors Verdin and Van Heck (2001...

... of cross‐border acquisitions, as European and Japanese firms made acquisitions in the United States, while USA and Japanese firms began investing heavily in Europe to take advantage of European integration. Acquisitions and mergers Senior management Leadership In 2003, Harvard Business...

.... © Emerald Group Publishing Limited 2008 Acquisitions and mergers Due diligence Chrysler's new owner, private‐equity firm Cerberus Capital Management, LP, probably knew exactly what it was buying before it bought the struggling automaker, judging by the job cuts announced in late 2007...

... Strategic management Acquisitions and mergers Shareholders Sometimes it is not. All too often, business leaders get trapped in their strategic ruts. They develop elaborate plans for where and how to create value (including plans based on the principles of SMP). But then they fail to adjust those...

... Group Publishing Limited 2008 Acquisitions and mergers Integration 1. Service levels are suffering. Front line employees are still using the merger as an excuse for not having answers for customers. 2. Customers are confused and defecting. They do not know which...

... to have an impact on the parent company's overall SMP. © Emerald Group Publishing Limited 2007 Acquisitions and mergers Business development Strategic management A caution to readers who like nothing better than a headline‐grabbing, out‐of‐the‐blue acquisition: I'm not one of you...

... the numbers to make solid judgments about outcomes. We should be humble rather than haughty when it comes to the management of M&A. © Emerald Group Publishing Limited 2007 Acquisitions and mergers Integration Are M&A best practices becoming so well documented and widely...

... Kristin Ficery is a partner focused on corporate strategy and mergers and acquisitions, particularly merger integration. Tom Herd is a partner in Accenture's M&A and Corporate Strategy practice, based in Chicago. Bill Pursche is Managing Director of First Call Advisors. When the term...

... Emerald Group Publishing Limited 2007 Corporate strategy Acquisitions and mergers International marketing Cross‐border mergers and acquisitions (M&A) activity is booming. In 2005, Europe saw a 58 percent surge in transnational deals; in Japan, cross‐border M&A jumped 21 percent...

... successful transactions have relied on four key principles: © Emerald Group Publishing Limited 2005 Corporate strategy Acquisitions and mergers Integration Shareholder value analysis Business performance When Cingular Wireless and AT&T Wireless Services closed on their $41...

... that allowed these two firms to rapidly integrate their acquisitions included: Mergers of major firms that compete in the same markets face an additional barrier since antitrust rules in the USA, the European Union, and many other locations prohibit companies from sharing confidential information about...

... Acquisitions and mergers National cultures Melding two organizations into one is a challenging proposition in every merger, acquisition or joint venture. Each company has its own operating structure, culture and people programs. These differences create challenges that must be overcome if the transaction...