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Презентация на тему Mergers and acquisitions

Exhibit 7.2 Strategic directions (Ansoff matrix)Source: Adapted from H. Ansoff, Corporate Strategy, Penguin, 1988, Chapter 6. (The Ansoff matrix was later developed – see reference 1.)
Mergers and AcquisitionsMoscow State UniversityHigher School of BusinessNovember 2013Gerald J Rohan Exhibit 7.2 Strategic directions (Ansoff matrix)Source: Adapted from H. Ansoff, Corporate Strategy, RationaleMarket StagnationExit StrategyConcentrationFamily Business retiresEliminate CompetitorsSynergyDynamicsNew Business ModelOpen new marketsCreation of value Before Transaction After Transaction Mergers & AcquisitionsSuccessful	Disney and PixnerSirius and XM RadioExxon and MobilDisastersPRR and NYCDaimler Perhaps the worstAOL Time WarnerAmerica On Line	New EconomyTime Warner		Old Economy Happy Days? Steven Chase – Gerald Levin$350 Billion MergerWorth around $50 todayWhat went wrong?
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Слайд 2 Exhibit 7.2 Strategic directions (Ansoff matrix)
Source: Adapted from

Exhibit 7.2 Strategic directions (Ansoff matrix)Source: Adapted from H. Ansoff, Corporate

H. Ansoff, Corporate Strategy, Penguin, 1988, Chapter 6. (The

Ansoff matrix was later developed – see reference 1.)

Слайд 3 Rationale
Market Stagnation
Exit Strategy
Concentration
Family Business retires
Eliminate Competitors
Synergy
Dynamics
New Business Model
Open

RationaleMarket StagnationExit StrategyConcentrationFamily Business retiresEliminate CompetitorsSynergyDynamicsNew Business ModelOpen new marketsCreation of value

new markets
Creation of value


Слайд 4 Before Transaction

Before Transaction

Слайд 5 After Transaction

After Transaction

Слайд 6 Mergers & Acquisitions
Successful

Disney and Pixner
Sirius and XM Radio
Exxon

Mergers & AcquisitionsSuccessful	Disney and PixnerSirius and XM RadioExxon and MobilDisastersPRR and

and Mobil
Disasters

PRR and NYC
Daimler and Chrysler
Mattel and The Learning

Company

Слайд 7 Perhaps the worst
AOL Time Warner

America On Line New Economy

Time

Perhaps the worstAOL Time WarnerAmerica On Line	New EconomyTime Warner		Old Economy

Warner Old Economy


Слайд 8 Happy Days?

Happy Days?

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