Why Acquisitions Fail
The authors, expert observers of mergers and acquisitions, analayse the many studies describing the most common reasons why such couplings fail to add value. The success rate is remarkably low given the vast numbers of cases from which to learn. Human nature may be less amenable to rational analysis than we link to think.
Campbell, A. & Sadtler, D. (2001) Why Acquisitions Fail, Market Leader, Summer