Mergers & Acquisitions
ebook ∣ A Guide to Creating Value for Stakeholders · Counterpoints: Cognition, Memory, and Language
By Michael A. Hitt

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In 1999, MCI WorldComm and Sprint agreed to merge. Valued at $129 billion, this expected transaction was the largest in history. However, it fell victim to regulators in Europe concerned with the potential monopoly power of the merged firm. This M&A action was merely the latest in a growingtrend of "blockbuster" mergers over the past several years. Once a phenomenon seen primarily in the United States, mergers and acquisitions are increasingly being pursued across national boundaries. In short, acquisition strategies are among the most important corporate-level strategies in the newmillennium. The need for clear, complete, and up-to-date guide to successful mergers and acquisitions had never been greater....