The Spatial Dimension of an Acquisition
研究一家大型多元化零售商被竞争对手收购的案例，分析空间因素（如市场扩张和渗透）与其他收购标准（如商品组合兼容性、管理风格和目标价格）相比的重要性。
The acquisition of a large, diversified retailer by a competitor is described. The case sheds light on the weight of spatial considerations, such as expansion to new markets and penetration of existing ones, relative to other acquisition criteria, such as the compatibility of merchandising and management styles and the price of the target. Non-spatial factors narrowed the search to three corporations with compatible retail mix, while spatial overlap focused the choice further to two targets with equal price but different retail mix and spatial spread. The final choice was influenced by the anticipated resistance which the management of the respective companies would offer to a bid.