Question: EXPLORING THE INTERNET
Arguments about mergers and acquisitions often come down to an evaluation of who benefits and by how much. Sometimes the benefits include access to new products, talented management, new customers, or new sources of capital. Often, the debate is complicated by the involvement of firms based in different countries. The Internet is a fertile environment for information and discussion about mergers. The firms involved will provide their view about who will benefit and why it is either a good thing or not. Journalists will report facts and offer commentary as to how they see the future result of any merger, and of course, chat rooms located on the websites of many journals promote discussion about the issues. Visit the text website for updates to this exercise.
Assignment: 1. Using an Internet search engine such as Google or Yahoo!, locate two or three sites providing information about a recent merger (use a keyword such as merger).
2. After examining these sites and reading journal articles, report information about the merger, such as the dollar value, the reasons behind the merger, and so forth.
3. Based on your assessment of the information you have read, do you think the merger is a good idea or not for the firms involved, the employees, the investors, the industry, and society as a whole? Explain your reasoning.