Mergers, Aquisitions, Hostile Takeover, etc - Slides l2(10)

Mergers, Aquisitions, Hostile Takeover, etc - Slides l2

Holding

Haspeslagh. P. C. and Jemison D. B.

(1991). Managing acquisitions: creating

value through corporate renew. New York:

Macmillan.Need for strategicinterdependence HighLow

High

Need for

organizational

autonomy

LowPreservation Symbiosis Holding Absorption

These would be acquisitions where the firm has no intention of integrating

and creating value through anything expect financial transfers, risk-sharing,

or general management capability, even though the two firms are

presumably in such a similar businesses that there is no need for

organizational autonomy. The only integration in such acquisition would, in a

sense, be mere holding activity