Synopses & Reviews
Synopsis
Excerpt from The Importance of Strategic Fit on the Gains Received by Targets and Bidders From Merger: November 1985
An acquisition is a combination of the assets of target and bidder firms. Value is created when these assets are used more effectively by the combined firm than by target and bidder separately. Thus, a system of classifying acquisitions that measures the various types of strategic fit between target and bidder assets and the relative importance of different fits will serve to test hypotheses about the amount of value that mergers create, and will thereby provide managers with a clearer idea of which types of asset combinations create value and which do not.
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.