Research Shows That Smaller M&A Deals Work Out Better
Harvard Business
MAY 9, 2018
Walter Thompson Company for $566 million in 1987 and Ogilvy for $864 million in 1989 — big acquisitions that stretched the company’s balance sheet. In addition, PCC reallocated 61% of its capital spending among its three major divisions, while managing the rare double feat of both productivity and margin improvements.
28 
Let's personalize your content