The Economist: Blasted are the dealmakers

 

A study co-authored by Geoff Meeks, Emeritus Professor of Financial Accounting at Cambridge Judge Business School, and J. Gay Meeks, Senior Research Associate in the Centre of Development Studies, University of Cambridge, is mentioned in this article about firms’ unwise addiction to mergers and acquisitions.

The research estimates that only a fifth of studies conclude that the average deal produces higher combined profits or increases the wealth of the acquirer’s shareholders, the article says.

Read the full article [economist.com]