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0 pointspembrook1y ago0 comments

What both of you are describing is just what normally happens with MOST acquisitions (regardless of the nationality of the acquirer).

Most acquisitions don’t turn into YouTube or WhatsApp/Instagram-level success for the acquirer. The academic literature on CEOs empire building via acquisition is that most of the time it’s value destructive.

I love a good US vs Europe debate but acquisitions aren’t an area where either corporate culture excels. European acquirers are equally as careless with their gobbled up playthings.

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h2zizzle1y ago

What I gather about the differences between American and European attitudes towards work hours and vacation leads me to believe that there's actually a material difference between American and European acquisitions. I'm certain that new Euro bosses don't walk in expecting to be able to pull everyone back from summer holiday on a whim, but I've heard of just such a thing happening when we Americans rolled in.

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