M&A lesson: Beware of empire builders

✍ Scribed by Patrick A. Gaughan

• Book ID: 102299313
• Publisher: John Wiley and Sons
• Year: 2003
• Tongue: English
• Weight: 48 KB
• Volume: 15
• Category: Article
• ISSN: 1044-8136
• DOI: 10.1002/jcaf.10229

✦ Synopsis

Abstract

We must learn some lessons from the last wave of mergers, says the author of this article. Many of the largest deals were colossal
failures—because empire‐building CEOs were unrestrained by lazy boards of directors. © 2004 Wiley Periodicals,
Inc.