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Chapter 3. The Superstar CEO: Celebritie... > Red Flag 11: A CEO Known Best As a S...

Red Flag 11: A CEO Known Best As a Serial Acquirer Rather Than a Builder

Corporate America is currently littered with the wreckage of serial acquirers who shopped until their companies dropped. Almost all the big investment disasters of recent years can be at least partly blamed on failed acquisition strategies. Enron, WorldCom, Adelphia, Tyco, Vivendi, AT&T, AOL Time Warner ... the list is almost as long as you want to make it.


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