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Why Chinese Firms' Cross-Border Deals Fall Apart

Harvard Business Review

including CNOOC's attempt to purchase Unocal in 2005 and Huawei's attempt to buy 3Leaf Systems in 2011. Failed deals impose significant out-of-pocket costs (financial advisory fees and due diligence expenses) and take up a lot of management time and energy, distracting many senior managers from important line responsibilities.

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How Midsized Companies Can Avoid Fatal Acquisitions

Harvard Business Review

When Lyndon Faulkner joined as CEO in 2005, he felt the then-$80 million firm had to make acquisitions to grow. They have strong due diligence skills. The reason is that conducting due diligence will be costly and arduous because small companies often have poor reporting and accounting systems.

Insiders

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An Insider’s Account of the Yahoo-Alibaba Deal

Harvard Business Review

In May of 2005, Yahoo CEO Terry Semel, cofounder Jerry Yang, corporate development executive Toby Coppel, and I — I was then chief financial officer of the Silicon Valley internet company — went on what would turn out to be a fateful trip to China. search engine company Inktomi in 2002.

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How to Decide Whether to Relocate for a Job

Harvard Business Review

” But if you’re asked to “head up operations in Denver or Cleveland,” the calculation is a little trickier. In 2005, after AT&T was purchased by SBC, Anne was asked to move to Texas, where the new company was based. “I did my due diligence,” he says.

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