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This is my favorite graphic from today’s NYT:
click for larger graphic
Courtesy of NYTimes
Source:
What Are Mergers Good For?
The Dark Side of the Deal
Gretchen Morgenson
NYTimes, June 5, 2005
http://www.nytimes.com/2005/06/05/magazine/05MERGERS.html
Why Do Bad Takeovers Happen To Good Investors?
Takeovers are exciting: the financial press like them, investors of the target often make out financially, and CEOs of acquirers get to run bigger firms (and make more money).
The New Your Times has a nice piece titled “What Are Mergers Good For?…