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 terms of trends, its geographic exposure was also unimpressive, but the aerospace industry experienced enormous tailwinds over the subsequent years, which helped PCC a lot.
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