Shelton, Charlotte D.; Hall, Richard F.; Darling, John R. - In: European Business Review 15 (2003) 5, pp. 312-323
The past two decades have been characterized as a time of merger mania. Unprecedented numbers of consolidations have occurred. Paradoxically these mergers have typically failed to achieve the targeted results. From a general point of view, the financial track record of recent mergers is, in...