Exact(3)
Arguably, though, the most spectacular merger fiasco of modern times is still playing out.
Still, the merger fiasco was an acute embarrassment for Mr. Breuer, who has sought to push Deutsche Bank into the elite ranks of global powerhouses.
What EMI needs now is exactly what it needed before its latest merger fiasco: to lure good people to run its labels in America in order to attract more stars precisely the sort of thing that is so hard to do when the future is uncertain.
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Parsons was also president of Time Warner during its fiasco of a merger with AOL.
To most, that looks too generous: Dresdner's shares were beaten down by the Deutsche fiasco and Commerzbank's have been helped by merger talk.
In Washington, the Federal Trade Commission launched an investigation into the ticketing fiasco; the Justice Department also announced an inquiry into the Ticketmaster-Live Nation merger.
For power-broking Mediobanca this is another fiasco; the Milanese merchant bank also masterminded the failed SuperGemina merger of 1995.President Clinton ordered a review of foreign interests in American satellite-TV services.
What seemed like a brilliant merger between Chrysler and Daimler-Benz two years ago has, seemingly overnight, started to look like a fiasco.
After watching the UP fiasco, the three companies were aware of the perils of bungled mega-mergers: they spent the year before their deal was to be consummated testing computers, doing dry runs and assuring regulators that this time it would be different.
DealBook » The Lessons Learned From Diamond's Pringles Fiasco | The loss of Pringles by Diamond Foods shows how deal makers tend to repeatedly ignore the basic lessons of successful mergers and acquisitions, the Deal Professor writes.
Fiasco naturally ensues.
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Justyna Jupowicz-Kozak
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