‘To invite disappointment or worse’: governance, audit and due diligence in the Ferranti–ISC merger
(2015)
Journal Article
Mergers and acquisitions frequently destroy shareholder value, and UK companies have a particularly poor record in US deals. But outcomes are rarely as calamitous as in the case of the British electronics group Ferranti which in 1987 entered into a s... Read More about ‘To invite disappointment or worse’: governance, audit and due diligence in the Ferranti–ISC merger.