Heracleous, Loizos; Murray, John - In: European Management Journal 19 (2001) 4, pp. 430-437
This Case Study focuses on the giant Glaxo Wellcome and SmithKline Beecham merger to form Glaxo SmithKline. There is a general background of evidence to show that mergers frequently destroy shareholder values. The pharmaceutical sector is no exception, even though companies are in the early...