A Guide to Creating Value for Stakeholders
by
Michael A. Hitt, Jeffrey S. Harrison, R. Duane Ireland
Language: English
Release Date: March 22, 2001
In 1999, MCI WorldComm and Sprint agreed to merge. Valued at $129 billion, this expected transaction was the largest in history. However, it fell victim to regulators in Europe concerned with the potential monopoly power of the merged firm. This M&A action was merely the latest in a growing trend...