Monday, July 1, 2013

Deals from Hell M A Lessons That Rise above the Ashes

Deals from Hell M A Lessons That Rise above the Ashes

by Deals from C. in Category Deals from Hell on 2013-07-02 05:05:23, Revised

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Deals from Hell M A Lessons That Rise above the Ashes
PRAISE FOR Deals from Hell Whether you are an investor or dealmaker corporate executive or aspiring MBA looking for a career on Wall Street you are sure to find this book both troublesome and inspiring it cannot be otherwise when you carefully examine a series of M A train wrecks through the same lens as Prof Bruner a creative teacher in the field of M A who has been able to extract the hard instructive lessons from these disasters 151 From the Foreword by Arthur Levitt Jr former chairman of the Securities and Exchange Commission and author of Take On the Street What Wall Street and Corporate America Don t Want You to Know Deals from Hell is a fresh and interesting look at the M A game written by Prof Robert Bruner a leading authority on the topic He studies failures and from this unique perspective teaches us the pitfalls to avoid as well as the positive actions for success The case histories illuminated herein are worthy instruction for all CEOs and their top management team 151 Tom Copeland Managing Director of Corporate Finance Monitor Group There is a very fine line between M A heaven and hell 151 and it is no surprise that the devil is in the details Contrary to conventional wisdom mergers work on average as Bob Bruner documents 151 and the reasons why are often worthy of more careful study than what appears beneath the headlines of the popular press Bruner drills down on disasters and successes like no one else 151 and leaves investors and M A dealmakers with a truly balanced scorecard of important lessons to ponder 151 Charles D Ellis author of Winning the Loser s Game and Capital The Story of Long Term Investment Excellence While the average return to M A acquirers is a matter of some controversy it is beyond question that many acquisitions work well and many work badly This landmark book is the finest available for separating the likely successes from the likely failures 151 Bruce C N Greenwald Robert Heilbrunn Professor of Finance and Asset Management Columbia Business School and coauthor of Value Investing From Graham to Buffett and Beyond

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