From They would.
P.
, a Blunder That Looks to conquer All
The suspicious title of worst corporate deal ever had looked to be held in perpetuity by AOL s
acquisition of Time Warner
in 2,000, a deal that came to identify the folly of the Internet bubble.
It...
More
From They would.
P.
, a Blunder That Looks to conquer All
The suspicious title of worst corporate deal ever had looked to be held in perpetuity by AOL s
acquisition of Time Warner
in 2,000, a deal that came to identify the folly of the Internet bubble.
It ruined shareholder value,
finished careers and nearly capsized the surviving AOL Time Warner.
Enlarge This Image
Ryan Anson/Bloomberg news , via Getty Images
Leo Apotheker, ceo of HewlettPackard, with Catherine A.
Lesjak, its chief financial officer, at a
gathering in March 2011.
Ms.
Lesjak strongly opposed the acquisition of Autonomy.
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" The deal was considered so poor, and such an object lesson for a generation of deal makers and
corporate executives, that it seemed likely never to be duplicated, rivaled or surpassed.
As yet.
Less