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Playing at Acquisitions: Behavioral Option Games

Han Smit, Thras Moraitis




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 | #1558218 in eBooks |  2015-01-18 |  2015-01-18 | File type: PDF

|| |"This book presents some practical advice for firms and their investment bankers on how to ‘de-bias’ their judgement when making merger and acquisition decisions. . . . Practitioners in mergers and acquisitions should certainly consider adding this

It is widely accepted that a large proportion of acquisition strategies fail to deliver the expected value. Globalizing markets characterized by growing uncertainty, together with the advent of new competitors, are further complicating the task of valuing acquisitions. Too often, managers rely on flawed valuation models or their intuition and experience when making risky investment decisions, exposing their companies to potentially costly pitfalls. Playing at Acqui...

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