Books

The M&A Failure Trap: Why Most Mergers and Acquisitions Fail and How the Few Succeed

The M&A Failure Trap book cover

By Baruch Lev and Feng Gu

In The M&A Failure Trap: Why Most Mergers and Acquisitions Fail and How the Few Succeed, a distinguished team of finance and accounting researchers and practitioners delivers a practical and up-to-date exploration of the shortcomings of managerial mergers and acquisitions decisions. In the book, you'll discover:

  • Why 70-75% of all corporate acquisitions fail
  • How to substantially improve acquisition decisions
  • How to predict a specific merger outcome

All the lessons and advice provided in this book are fact-based―derived from a sample of 40,000 real-life merger cases around the world which are thoroughly analyzed and provide the foundations for our findings and recommendations.

NYU Stern Professor Emeritus Baruch Lev and co-author Feng Gu offer keen insights into the most important predictors of mergers and acquisitions failure and success and show you how to identify the potential warning signs of a problematic transaction. The book also provides insights into the human element of M&As: what happens to executives and employees of failed acquisitions. You will also find in the book a comprehensive review of the state-of-the-art research on M&As and numerous analyses of successful and unsuccessful real-life mergers.

Perfect for executives and directors contemplating a major M&A decision or currently engaged in such a transaction, The M&A Failure Trap will also earn a place in the libraries of students of business and economics, as well as investors faced with decisions impacted by a merger or acquisition, and shareholders expected to vote on an upcoming transaction.

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