Π ΠΏΠ°ΡΡΠ΅ΡΠ½Π΅ Β«Π‘ΠΏΠ΅ΡΠΈΡΠΈΠΊΠ°ΡΠΈΡΒ», ΠΊΠΎΡΠΎΡΡΠΉ ΠΏΠΎΠ·Π²ΠΎΠ»ΡΠ΅Ρ ΡΠ»ΡΡΡΠΈΡΡ ΡΡΡΡΠΊΡΡΡΡ ΠΏΡΠΈΠ»ΠΎΠΆΠ΅Π½ΠΈΡ, ΠΈ, ΡΠ»Π΅Π΄ΠΎΠ²Π°ΡΠ΅Π»ΡΠ½ΠΎ, ΡΠ²Π΅Π»ΠΈΡΠΈΡΡ Π³ΠΈΠ±ΠΊΠΎΡΡΡ, ΡΠΌΠ΅Π½ΡΡΠΈΠ² ΠΏΡΠΈ ΡΡΠΎΠΌ ΠΎΠ±ΡΠ΅ΠΌ ΠΊΠΎΠ΄Π°, Π° Π·Π½Π°ΡΠΈΡ - ΡΠΎΠΊΡΠ°ΡΠΈΡΡ ΠΊΠΎΠ»ΠΈΡΠ΅ΡΡΠ²ΠΎ ΠΎΡΠΈΠ±ΠΎΠΊ, Π½ΠΎ ΡΡΠΎ Π½Π΅ ΡΠΎΡΠ½ΠΎ.
@csharp_1001_notes
BY C# 1001 notes
That strategy is the acquisition of a value-priced company by a growth company. Using the growth company's higher-priced stock for the acquisition can produce outsized revenue and earnings growth. Even better is the use of cash, particularly in a growth period when financial aggressiveness is accepted and even positively viewed.he key public rationale behind this strategy is synergy - the 1+1=3 view. In many cases, synergy does occur and is valuable. However, in other cases, particularly as the strategy gains popularity, it doesn't. Joining two different organizations, workforces and cultures is a challenge. Simply putting two separate organizations together necessarily creates disruptions and conflicts that can undermine both operations.
Importantly, that investor viewpoint is not new. It cycles in when conditions are right (and vice versa). It also brings the ineffective warnings of an overpriced market with it.Looking toward a good 2022 stock market, there is no apparent reason to expect these issues to change.
C 1001 notes from jp