Mergers and acquisitions rarely work. Short term they look great, but long term always reveals that the purchaser paid way too much for a bloated carcass. Or worse yet, the two companies are incompatible. I wish that people who specialize in M&A’s would take some basic marketing classes. It would save them quite a bit of money and make them appear to be geniuses.

For seven years I was involved in a particular car company’s annual meetings. I had access to concept cars as well as the new lineups 8 months before [click here to continue…]