Surviving Corporate Acquisitions
May 22nd, 2010
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There is the right way, the wrong way, and the new company’s way….
Just Merged
Many years ago, a company I worked for was purchased by another company and then that company was purchased by Honeywell a year later . One of my new colleagues (from the acquiring company of a year previous) explained the three rules of an acquisition:
Rule 1: Don’t forget who bought who.
Rule 2: There is no such thing as a merger. Refer to Rule 1.
Rule 3: Don’t forget rules 1 & 2.
I have been through numerous acquisitions since — from both the buying side and selling side — and these three rules have served me well