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Deals from Hell: M&A Lessons That Rise Above the Ashes
 
 

Deals from Hell: M&A Lessons That Rise Above the Ashes (Hardcover)

by Arthur Levitt Jr. (Foreword), Robert F. Bruner (Author) "Merger" is the consolidation of two firms that creates a new entity in the eyes of the law ..." (more)
5.0 out of 5 stars  See all reviews (1 customer review)
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Deals from Hell: M&A Lessons That Rise Above the Ashes + Applied Mergers and Acquisitions (Wiley Finance) + Intelligent M&A: Navigating the Mergers and Acquisitions Minefield
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Product details

  • Hardcover: 432 pages
  • Publisher: John Wiley & Sons (3 Jun 2005)
  • Language English
  • ISBN-10: 0471395951
  • ISBN-13: 978-0471395959
  • Product Dimensions: 23.1 x 16 x 3.6 cm
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (1 customer review)
  • Amazon.co.uk Sales Rank: 422,361 in Books (See Bestsellers in Books)
  • See Complete Table of Contents

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Product Description

Review

"engages in the kind of candid thinking that has long been missing from the high stack of books." (The Wall Street Journal, May 26, 2005)

"According to the author, six key elements embedded in disasters are ′complexity, tight coupling, management choices, cognitive biases, business not as usual, and failure of the operational team.′ In unison, these are lethal, he cautions. ′Systems that adapt well to error anticipate it, actively seek information, use checkpoints to control the spread of error, and invite countervailing forces to oppose error.′ So, what′s the insight for businesses? ′Design of organisation structures and business processes could employ similar principles to thwart M&A failures,′ counsels Bruner. Part II of the book has ten case studies, including AOL–Time Warner, Mattel–The Learning Company, and Renault–Volvo. Part III is about `conclusions and implications′. Bruner dins in before parting: ′The growth that matters is growth in economic value. The rest is smoke.′ Fiery read!" –– D. Murali, The Hindu Business Line



Review

"engages in the kind of candid thinking that has long been missing from the high stack of books." (The Wall Street Journal, May 26, 2005)

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"Merger" is the consolidation of two firms that creates a new entity in the eyes of the law. Read the first page
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Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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1 of 1 people found the following review helpful:
5.0 out of 5 stars M&A GURUS DOS IT AGAIN, 21 Sep 2008
By Atha Fokias "Athas" (Leuven) - See all my reviews
(REAL NAME)   
I used Prof Bruner's earlier publication when writing my dissertation and thesis on M&A, and wanted to read an update.
This hit the mark for me. Some of the situations he writes about I actually lived through (different firms), and can verify so much of as truth.
I used a bubble map of his ideas on 'what went wrong' to show 'what not to do' and it produced interesting guidance on where to spot weaknesses in M&A.
Based on this book, it has inspired me to write of my own accounts.
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