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Firms’ unwise addiction to mergers and acquisitions

Firms’ unwise addiction to mergers and acquisitions

The death knell for corporate America’s greatest individual experiment in mergers and acquisitions sounded in November 2021 when General Electric announced its intention to split in three. A thousand deals were struck by Jack Welch, its notoriously gung-ho boss who ran the American industrial and financial giant between 1981 and 2001, a pace that did not slacken under his successor, Jeffrey Immelt. The result has been a monumental…


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Play ball vs. all: MLB teams facing other 29 in '23

Play ball vs. all: MLB teams facing other 29 in ’23

Ukraine: UN agencies deliver food, health and other support amid fighting

Ukraine: UN agencies deliver food, health and other support amid fighting