Item Type |
Journal paper
|
Abstract |
The article argues that companies should think carefully before responding to a rival's merger activity by pursuing major acquisitions of their own. It is noted that such hastily-arranged deals are often not well-considered, can come at a steep price if a bidding war breaks out, and frequently involve less-than-optimal target firms. Several alternative strategies are discussed including strategic retreat from peripheral markets, focusing more on innovation and organic growth, and building a counterposition by means of multiple small acquisitions. INSETS: WINNING THE BATTLE . . .;. . . BUT LOSING THE WAR.. |
Authors |
Keil, Thomas & Laamanen, Tomi |
Journal or Publication Title |
Harvard Business Review |
Language |
English |
Keywords |
Competitive Strategy, Execution, Mergers & Acquisitions, Strategy, Strategy management |
Subjects |
business studies |
HSG Classification |
contribution to practical use / society |
Refereed |
Yes |
Date |
1 December 2011 |
Publisher |
Harvard Business School Publ. Corp. |
Place of Publication |
Boston, Mass. |
Volume |
89 |
Number |
12 |
Page Range |
25-27 |
Number of Pages |
3 |
ISSN |
0017-8012 |
Depositing User |
Prof. Dr. Tomi Laamanen
|
Date Deposited |
25 Jan 2013 15:15 |
Last Modified |
23 Aug 2016 11:15 |
URI: |
https://www.alexandria.unisg.ch/publications/219923 |