The Art of the Megadeal
回顾2000年代200多起大型并购,分析成败因素,提出经理人评估并购时应考虑的五个标准,包括商业周期时机、信用评级影响和每股收益预测。
The article looks at corporate mergers and acquisitions (M&A), as of 2013. The authors discuss their retrospective look at over 200 large corporate mergers during the 2000s, in which they analyze factors accounting for each merger's positive or negative outcome. They cite five criteria which they suggest managers should consider in evaluating potential M&As, including business cycle timing, effects on credit ratings, and earnings per share (EPS) forecasts.