Diligence long overdue.(conducting prudent due diligence): An article from: Chief Executive (U.S.)
Book Details
Author(s)Lawrence G. Graev
PublisherChief Executive Publishing
ISBN / ASINB00098T80Q
ISBN-13978B00098T809
AvailabilityAvailable for download now
Sales Rank10,680,367
MarketplaceUnited States 🇺🇸
Description
This digital document is an article from Chief Executive (U.S.), published by Chief Executive Publishing on May 1, 1999. The length of the article is 2489 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
From the supplier: Mergers and acquisitions can fail because of inadequate due diligence. Many companies consider this process a necessarily evil and therefore try to get it done as soon as possible. This usually results in the late discovery of problems, as in the case of Michael Ovitz who invested $20 million in Livent only to find out too late that it had accounting irregularities that eventually compelled it to file for bankruptcy. To ensure the success of any merger or acquisition, it is important for the dominant party to examine its partner's tax liabilities, litigation, commitments and agreements, environmental risks and other business concerns that may cause problems after a deal has been struck. Companies should keep in mind that properly conducted due diligence is good risk management.
Citation Details
Title: Diligence long overdue.(conducting prudent due diligence)
Author: Lawrence G. Graev
Publication:Chief Executive (U.S.) (Magazine/Journal)
Date: May 1, 1999
Publisher: Chief Executive Publishing
Issue: 144 Page: 46(6)
Distributed by Thomson Gale
From the supplier: Mergers and acquisitions can fail because of inadequate due diligence. Many companies consider this process a necessarily evil and therefore try to get it done as soon as possible. This usually results in the late discovery of problems, as in the case of Michael Ovitz who invested $20 million in Livent only to find out too late that it had accounting irregularities that eventually compelled it to file for bankruptcy. To ensure the success of any merger or acquisition, it is important for the dominant party to examine its partner's tax liabilities, litigation, commitments and agreements, environmental risks and other business concerns that may cause problems after a deal has been struck. Companies should keep in mind that properly conducted due diligence is good risk management.
Citation Details
Title: Diligence long overdue.(conducting prudent due diligence)
Author: Lawrence G. Graev
Publication:Chief Executive (U.S.) (Magazine/Journal)
Date: May 1, 1999
Publisher: Chief Executive Publishing
Issue: 144 Page: 46(6)
Distributed by Thomson Gale
