Read the following article:What makes a merger successful by Paul Walker and David Hanna which describes a successful merger. Comment on the following:
- What research was conducted by both CEO’s on the other business before the merger? Why was this important?
- What management strengths and business process expertise did the companies demonstrate that helped make the merger successful?
- What role did the vision statement play in the success? Why is it important to have a vision statement?
- Compare the successful merger to one of the unsuccessful mergers you found. What three actions did Sage and State of the Art do that the unsuccessful merger did not do or did not do well?