strategy+business: RESTRUCTURING & INTEGRATIONManaging mergers and acquisitions for success, including detailed insight into recent examples of corporate integrationThe Case for Pricey Acquisitions- October 4, 2007 Seekers of cheap acquisition targets are adopting a cautious, short-term strategy--often simply because it is easy to justify to shareholders. But bargain-hunting often results in missed opportunity. Substantial research from UBS shows that comparatively expensive acquisitions are far more likely to result in lasting value creation. In M&A, it may actually be smarter to play for high stakes.http://www.strategy-business.com/li/leadingideas/li00017?gko=49a51 |