For many years, public service announcements and newscasts on television began with the phrase, “It’s 10pm, do you know where your children are?” In the decades of prosperity following World War II, as households increasingly were led by two-career marriages and children became more independent, this phrase became popularized as Read more »
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Do Mergers and Acquistions Bring Lasting Value?
Over 300 billion dollars of value evaporated between the moment the AOL Time Warner merger was announced in January 2000 and December 2009, when AOL spun off and started to trade as its own public company again. While this transaction is certainly an extreme case when measured in terms of Read more »