From They would.
P.
, a Blunder That Appears to overpower All
The doubtful title of worst corporate deal ever had seemed to be held in perpetuity by AOL s
acquisition of Time Warner
in 2,000, a deal that came to explain the folly of the Internet bubble.
It...
More
From They would.
P.
, a Blunder That Appears to overpower All
The doubtful title of worst corporate deal ever had seemed to be held in perpetuity by AOL s
acquisition of Time Warner
in 2,000, a deal that came to explain the folly of the Internet bubble.
It destroyed shareholder
value, finished careers and almost capsized the surviving AOL Time Warner.
Enlarge This
Image
Ryan Anson/Bloomberg Business News , via Getty Images
Leo Apotheker, ceo of Hewlett-Packard, with Catherine A.
Lesjak, its chief financial officer, at a
gathering in March 2011.
Ms.
Lesjak firmly opposed the acquisition of Autonomy.
Add to Portfolio
Hewlett-Packard Company
Head to your own Portfolio
" The deal was considered so awful, and such an object lesson for a generation of deal makers
and corporate executives, that it looked likely never to be repeated, rivaled or surpassed.
As yet.
Less