June 2015
Intermediate to advanced
432 pages
13h 3m
English
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CHAPTER 16Corporate Cannibalism
Mergers, acquisitions, and leveraged buyouts completed in 1988 cost a staggering $266 billion. . . . None of this . . . paid for as much as a single connecting bolt in a new machine . . . for an ounce of new fertilizer nor a single seed for a new crop. . . . A corporation that takes the long view of its profits and the broad view of its social responsibilities is in great danger of being acquired by an investors group that can gain financially by taking over the corporation and turning it to the pursuit of more immediate profit.
—WILLIAM M. DUGGER
Finding ways to create new value in a sophisticated modern economy is seldom easy. Finding ways to create new value that will produce returns in the amount and with the ...
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