Publications

February 1999
Article

Interest-Rate Exposure and Bank Mergers

By: B. C. Esty, Bhanu Narasimhan and Peter Tufano

Keywords: Mergers and Acquisitions; Interest Rates; Banking Industry

Read Now

March 1998 (Revised May 1998)
Case

Argentina's YPF Sociedad Anonima (Abridged)

By: Michael Y. Yoshino, Carin-Isabel Knoop and Cate Reavis

Describes the privatization of YPF Sociedad Anonima and the company's dilemma of whether to acquire a troubled U.S. oil company as a way of becoming a global oil company. View Details

Keywords: Mergers and Acquisitions; Globalization; Privatization

November 2010 (Revised July 2011)
Case

Merck/Schering-Plough Merger (A)

By: David F. Hawkins

Students have to identify the acquirer in a business combination structured as a reverse merger. View Details

Keywords: Mergers and Acquisitions; Accounting

Educators

Love took control of his uncle’s struggling coal operation and built it into the largest and most successful coal mining operation in the US. Through a series of acquisitions and mergers, Love was able to achieve broader economies of... View Details

Keywords: Agriculture & Mining

2009
Simulation

Finance Simulation: Blackstone/Celanese (Facilitator's Guide)

By: Nabil N. El-Hage, Timothy A. Luehrman and Heide Diener Abelli

Keywords: Bids and Bidding; Finance; Mergers and Acquisitions; Valuation; Leveraged Buyouts; Negotiation

Career Coach

Mandy Xu

serving the client – and is happy to share her takeaways. She welcomes conversations with students looking for the right career fit post-MBA and enjoys dialogue around personal values and fulfillment. To book an appointment, please send Mandy an email. Work Experience:... View Details

February 2008
Teaching Note

The Pacific Sentinel Series (TN)

By: Kathleen McGinn and Dina Pradel

Teaching Note for [903133] and [903136]. View Details

Keywords: Acquisition; Planning; Publishing Industry

January 2004
Case

America Latina Logistica

Describes the turnaround of America Latina Logistica, a $200 million revenue, formerly state-owned, railway in Brazil that has been restored to profitability by its CEO, a recent MBA graduate. After successfully transforming the company's operations, finances, and... View Details

Keywords: Rail Transportation; Mergers and Acquisitions; Business Strategy; Rail Industry; Brazil

April 1995 (Revised May 1995)
Case

Kraft General Foods: The Merger (B)

By: David J. Collis and Elizabeth Wynne Johnson

Discusses the recent decision to blend the previously separate Kraft and General Foods units into one operating company with a focus on the creation of a single massive sales force. View Details

Keywords: Mergers and Acquisitions; Salesforce Management; Corporate Strategy; Consumer Products Industry; Food and Beverage Industry

Educators

April 2010
Case

Talent Agencies

By: Thomas R. Eisenmann, Toby E. Stuart and Lauren Barley

The case overviews the talent agency industry in Hollywood in 2009. Focuses on the role of the talent agent, the dynamics of professional service firms, the challenges facing agencies in light of major changes in the entertainment industries, and a possible merger... View Details

Keywords: Mergers and Acquisitions; Problems and Challenges; Change; Entertainment and Recreation Industry; Los Angeles

Educators

March 1985 (Revised June 1985)
Teaching Note

Conglomerates and the Merger Movement of the 1960s, Teaching Note

By: Richard S. Tedlow

Keywords: Business Conglomerates; Mergers and Acquisitions

Web

Strategic Financial Analysis Online Course | HBS Online

of financial analysis and valuation methods are most appropriate in different situations Use financial metrics, ratio analysis, and other tools to assess performance and drive strategic changes Assess valuation scenarios by identifying and analyzing synergies from a... View Details

November 1988
Case

Martin Marietta: The Bendix Takeover

By: Jay W. Lorsch

Keywords: Acquisition

Career Coach

Adam Bronfin

Adam spent five years in real estate private equity prior to HBS. In his previous role, he gained experience across many different verticals within the industry, including development / construction, private equity, structured finance / credit investing, View Details

May 11, 2017
Article

Good Riddance to Big Insurance Mergers

By: Leemore S. Dafny

Federal judges issued preliminary injunctions halting mergers of four of the five largest U.S. health insurers. These decisions provide more precedent to support challenges of mergers between competitors in health care markets—whether payers or providers. View Details

Keywords: Mergers and Acquisitions; Insurance; Health Care and Treatment; Health Industry; Insurance Industry

November 1994 (Revised March 2001)
Case

Security Plus, Inc.

By: David F. Hawkins and Norman Bartczak

A company acquires an alarm system company and converts its customers from operating to sale-type leases. View Details

Keywords: Mergers and Acquisitions; Leasing; Growth and Development Strategy; Service Industry

January 1978
Article

Pooling vs. Purchase: The Effects of Accounting for Mergers on Stock Prices

By: Robert S. Kaplan, Hai Hong and Gershon Mandelker

Keywords: Accounting; Mergers and Acquisitions; Stocks; Price