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  • All HBS Web  (3,263)
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  • 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
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Tedlow, Richard S. "Conglomerates and the Merger Movement of the 1960s, Teaching Note." Harvard Business School Teaching Note 385-274, March 1985. (Revised June 1985.)
  • June 2004
  • Case

Aventis SA (A): Planning for a Merger

By: Joshua D. Margolis and Carin-Isabel Knoop
Eight executives at Hoechst and Rhone-Poulenc must make four crucial decisions on the eve of merging their companies to become Aventis--what would become the world's third largest pharmaceutical firm. In addition to formulating a vision and strategy, the two firms must... View Details
Keywords: Problems and Challenges; Mergers and Acquisitions; Horizontal Integration; Organizational Design; Organizational Culture; Pharmaceutical Industry; United States
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Margolis, Joshua D., and Carin-Isabel Knoop. "Aventis SA (A): Planning for a Merger." Harvard Business School Case 404-003, June 2004.
  • 2006
  • Other Paper

State Activism and the Hidden Incentives behind Bank Acquisitions

By: Christopher Marquis and Doug Guthrie
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Marquis, Christopher, and Doug Guthrie. "State Activism and the Hidden Incentives behind Bank Acquisitions."
  • Winter 2001
  • Other Article

Competition and Antitrust: A Productivity-Based Approach to Evaluating Mergers and Joint Ventures

By: Michael E. Porter
This article seeks to contribute thinking on how the intellectual foundations of antitrust might be updated, based on a large body of theoretical and empirical research on company strategy, competition, and economic development. The aim is to outline a new direction... View Details
Keywords: Society; Strategy
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Porter, Michael E. "Competition and Antitrust: A Productivity-Based Approach to Evaluating Mergers and Joint Ventures." Antitrust Bulletin 46, no. 4 (Winter 2001): 919–958. (Revised May 30, 2002.)
  • 2002
  • Working Paper

Mergers and Acquisitions: An Empirical Analysis of Synergies, Externalities and Dynamics

By: Rachel T.A. Croson and Kathleen L. McGinn
Citation
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Croson, Rachel T.A., Armando R. Gomes, Kathleen L. McGinn, and Markus Nöth. "Mergers and Acquisitions: An Empirical Analysis of Synergies, Externalities and Dynamics." Harvard Business School Working Paper, No. 02-101, June 2002.
  • 2023
  • Working Paper

Firm Visibility and Acquisition Likelihood: Evidence from Seeking Alpha Coverage

By: Pu Gu, Benjamin Yost and Yuan Zou
This study investigates whether social media coverage influences a firm’s likelihood of being acquired. Specifically, we hypothesize that coverage of a firm on the Seeking Alpha platform raises its visibility to potential acquirers and M&A advisers (i.e., investment... View Details
Keywords: Social Media; Mergers and Acquisitions; Marketplace Matching; Investment Banking
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Gu, Pu, Benjamin Yost, and Yuan Zou. "Firm Visibility and Acquisition Likelihood: Evidence from Seeking Alpha Coverage." Working Paper, July 2023.
  • June 1998 (Revised May 2001)
  • Teaching Note

Acquisition of Consolidated Rail Corporation, The (A and B) TN

By: Benjamin C. Esty and Mathew M Millett
Teaching Note for (9-298-006) and (9-298-095). View Details
Keywords: Mergers and Acquisitions; Rail Industry
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Esty, Benjamin C., and Mathew M Millett. "Acquisition of Consolidated Rail Corporation, The (A and B) TN." Harvard Business School Teaching Note 298-087, June 1998. (Revised May 2001.)
  • December 2002 (Revised February 2005)
  • Case

Cap Gemini Ernst & Young (B): A Global Merger

By: Ashish Nanda
The negotiations for the merger between Cap Gemini and Ernst & Young conclude, resolving issues of how to bring together Ernst & Young consulting partnerships from all over the world into the publicly held Cap Gemini. Reactions to the merger were optimistic within Cap... View Details
Keywords: Partners and Partnerships; Negotiation; Multinational Firms and Management; Mergers and Acquisitions; Cross-Cultural and Cross-Border Issues
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Nanda, Ashish, Bertrand Moingeon, Lisa Haueisen Rohrer, and Guillaume Soenen. "Cap Gemini Ernst & Young (B): A Global Merger." Harvard Business School Case 903-057, December 2002. (Revised February 2005.)
  • September 2017 (Revised October 2017)
  • Case

Discover Capital: Closing an Acquisition

By: Robert F. White, William A. Sahlman and Ramana Nanda
Keywords: Entrepreneurial Financing; Finance; Entrepreneurship; United States
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White, Robert F., William A. Sahlman, and Ramana Nanda. "Discover Capital: Closing an Acquisition." Harvard Business School Case 818-043, September 2017. (Revised October 2017.)
  • April 2000 (Revised April 2000)
  • Case

Lycos, Inc.: The USA Networks, Lycos and TMCS Merger

By: Amy P. Hutton
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Hutton, Amy P. "Lycos, Inc.: The USA Networks, Lycos and TMCS Merger." Harvard Business School Case 100-048, April 2000. (Revised April 2000.)
  • 2004
  • Working Paper

Mergers and Acquisitions: An Experimental Analysis of Synergies Externalities and Dynamics

By: Rachel Croson, Armando Gomes, Kathleen L. McGinn and Markus Nöth
Citation
Related
Croson, Rachel, Armando Gomes, Kathleen L. McGinn, and Markus Nöth. "Mergers and Acquisitions: An Experimental Analysis of Synergies Externalities and Dynamics." Harvard Business School Working Paper, No. 05-034, December 2004.
  • October 1996 (Revised February 1997)
  • Case

Upjohn Company, The: The Upjohn-Pharmacia Merger

By: Krishna G. Palepu and Amy P. Hutton
In August 1995, the Upjohn Co. and Pharmacia AB announced a "merger of equals." This case provides background information on the industry, the position of Upjohn, and Upjohn's rationale for the proposed merger. View Details
Keywords: Mergers and Acquisitions; Financial Statements; Business Strategy; Annual Reports; Pharmaceutical Industry
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Palepu, Krishna G., and Amy P. Hutton. "Upjohn Company, The: The Upjohn-Pharmacia Merger." Harvard Business School Case 197-034, October 1996. (Revised February 1997.)
  • 03 Apr 2008
  • Working Paper Summaries

Bridge Building in Venture Capital-Backed Acquisitions

Keywords: by Paul A. Gompers & Yuhai Xuan
  • February 2010 (Revised April 2010)
  • Case

Merger Integration at Bank of America: The TrustWeb Project

By: Gary P. Pisano and Bradley R. Staats
This case explores project management in a large organization through the eyes of a young project manager, Mike Morris. Morris is tasked with leading a project within the overall merger integration effort at Bank of America. Morris encounters difficulties with managing... View Details
Keywords: Experience and Expertise; Management Skills; Business Processes; Projects; Business and Stakeholder Relations; Banking Industry; United States
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Pisano, Gary P., and Bradley R. Staats. "Merger Integration at Bank of America: The TrustWeb Project." Harvard Business School Case 610-054, February 2010. (Revised April 2010.)
  • October 2001 (Revised November 2001)
  • Case

Provident Life and Accident Insurance: The Acquisition of Paul Revere

By: Mihir A. Desai, Frank Williamson, Mark Veblen and Yuming Zou
Provident Life & Accident Insurance Co. has made an initial bid to acquire a primary competitor, Paul Revere, from conglomerate, Textron. The due diligence process uncovers a significant block of problematic disability insurance policies. Provident is forced to assess... View Details
Keywords: Insurance; Financial Management; Mergers and Acquisitions; Policy; Investment; Business Strategy; Cash Flow; Price; Bids and Bidding; Financial Reporting; Business Conglomerates; Insurance Industry; Service Industry
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Desai, Mihir A., Frank Williamson, Mark Veblen, and Yuming Zou. "Provident Life and Accident Insurance: The Acquisition of Paul Revere." Harvard Business School Case 202-044, October 2001. (Revised November 2001.)
  • January 2004
  • Article

Investigating the Economic Role of Mergers

By: Gregor Andrade and Erik Stafford
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Andrade, Gregor, and Erik Stafford. "Investigating the Economic Role of Mergers." Journal of Corporate Finance 10, no. 1 (January 2004): 1–36.
  • August 1999 (Revised February 2000)
  • Case

Cisco Systems, Inc.: Acquisition Integration for Manufacturing (A)

By: Steven C. Wheelwright, Charles A. Holloway, Nicole Tempest and Christian G. Kasper
Describes the procedures and processes used by Cisco Systems in its acquisition of high-technology firms. Its goal is to retain key engineering talent and to leverage existing product development efforts, but to quickly merge acquired companies its own systems and... View Details
Keywords: Information Technology; Leveraged Buyouts; Acquisition; Integration; Mergers and Acquisitions; Production; Activity Based Costing and Management; Corporate Entrepreneurship; Innovation and Management; Technological Innovation; Talent and Talent Management; Human Resources; Manufacturing Industry; Technology Industry; England
Citation
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Wheelwright, Steven C., Charles A. Holloway, Nicole Tempest, and Christian G. Kasper. "Cisco Systems, Inc.: Acquisition Integration for Manufacturing (A)." Harvard Business School Case 600-015, August 1999. (Revised February 2000.)
  • 14 Jan 2021
  • Working Paper Summaries

Dog Eat Dog: Measuring Network Effects Using a Digital Platform Merger

Keywords: by Chiara Farronato, Jessica Fong, and Andrey Fradkin
  • September 1981 (Revised November 1983)
  • Case

El Paso - PNW Merger (A)

By: Richard H.K. Vietor
Keywords: Mergers and Acquisitions; Energy Industry; Utilities Industry
Citation
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Vietor, Richard H.K. "El Paso - PNW Merger (A)." Harvard Business School Case 382-040, September 1981. (Revised November 1983.)
  • February 2003 (Revised August 2004)
  • Background Note

Note on Valuation-Compensation Tradeoff in Professional Service Firm Acquisitions

By: Ashish Nanda
This case highlights the tradeoff between valuation ascribed to professionals at the time of a professional services firm (PSF) acquisition and the postacquisition compensation of these professionals. It emphasizes how a high valuation at acquisition carries with it... View Details
Keywords: Valuation; Employees; Acquisition; Compensation and Benefits; Service Industry
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Nanda, Ashish. "Note on Valuation-Compensation Tradeoff in Professional Service Firm Acquisitions." Harvard Business School Background Note 903-111, February 2003. (Revised August 2004.)
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