Summary

Mergers and acquisitions have played an increasingly important role in the U.S. economy over the last four decades. For example, M&A activity rose from $108 billion in 1990 to $493 billion in 1996. Moreover, not only did the pace of M&A accelerate in the last 30 years, but also individual deals are becoming larger (e.g., MCI WorldCom/Sprint merger, valued at over $120 billion). Finally, the total volume of M&A activities ranged between a low of 10% in the 1970's and a high of 50% in the 1980's when compared to total corporate investment in property, plant, and equipment. Yet despite the importance of this activity, shareholders of acquiring companies have fared very poorly. In this program, Professor Thomas Z. Lys discusses the characteristics that distinguish deals in which acquiring shareholders benefit from those in which they do not. This analysis is not only important to preserve your shareholders' wealth, but also because there is considerable evidence that bad acquirers make good targets!
(P) and ©1998 Stanford Alumni Association
Show More Show Less

Regular price: £2.07

Membership details Membership details
  • A 30-day trial plus your first audiobook, free
  • 1 credit/month after trial – choose any book, any price
  • Easy exchanges – swap any book you don’t love
  • Keep your audiobooks, even if you cancel
  • Free, unlimited access to Audio Shows
  • After your trial, Audible is just £7.99/month
Select or Add a new payment method

Buy Now with 1 Credit

By completing your purchase, you agree to Audible's Conditions of Use and authorise Audible to charge your designated card or any other card on file. Please see our Privacy Notice, Cookies Notice and Interest-based Ads Notice.

Buy Now for £2.07

Pay using card ending in
By completing your purchase, you agree to Audible's Conditions of Use and authorise Audible to charge your designated card or any other card on file. Please see our Privacy Notice, Cookies Notice and Interest-based Ads Notice.

By completing your purchase, you agree to Audible's Conditions of Use and authorise Audible to charge your designated card or any other card on file. Please see our Privacy Notice, Cookies Notice and Interest-based Ads Notice.

Customer Reviews

Most Helpful
1 out of 5 stars
By Mr T Mooney on 10-07-18

Poor quality

This is a recording of a PowerPoint presentation with poor sound quality and no slides. He makes references to the slides going left to right and here, but the listener hasn’t got a clue what he’s talking about.

Read more Hide me
See all reviews

Customer Reviews

Most Helpful
1 out of 5 stars
By Walter Van Hecke on 28-06-16

Poor quality

Poor audio, refers to visuals which are not available. I expected a more finished product suitable for audio

Read more Hide me

1 of 1 people found this review helpful

4 out of 5 stars
By RK on 26-01-15

Good overview.

If you're expecting some great insights on M & A this isn't it. If you want a solid overview of the types of deals involved in an M & A this is great.

Read more Hide me

1 of 1 people found this review helpful

See all reviews