2003 | OriginalPaper | Buchkapitel
Strategy and Acquisition Performance
verfasst von : Stan Lees
Erschienen in: Global Acquisitions
Verlag: Palgrave Macmillan UK
Enthalten in: Professional Book Archive
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The last chapter brought together a lot of finance and economics research in just a few pages. The evidence is compelling that, on average, mergers and acquisitions do not deliver the profitability and efficiency outcomes that theory predicts they should deliver. But it should not be read as a despondent conclusion — it is an on-average conclusion.