the.com/mergers
two companies fall in love, then spend a year fighting over whose logo survives.
means a merger is when two separate companies combine into one, pooling assets, staff, and egos under a single (usually renegotiated) name.
from from latin mergere, to dip or plunge — as in one company getting quietly submerged into another, no matter what the press release says about equals.
acquisition vs mergermost mergers are acquisitions wearing a nicer suit
failure rate70-90 percent fail to hit their promised synergy targets
biggest evervodafone-mannesmann in 2000 was worth 183 billion dollars
regulator roleantitrust bodies can block deals years after announcement
for instance
exxon mobil — 1999 merger created the world's largest oil company
disney pixar — 2006, 7.4 billion dollars, saved both their creative futures
daimler chrysler — 1998 merger of equals collapsed into a 2007 divorce
time warner aol — 2000 deal, often called the worst merger in history