Word: holthausen
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...reality. Top of the list is the $7.1 billion acquisition by Spanish real estate firm Metrovacesa of France's Gecina. While the flurry of activity is great news for bankers, it may be less great for the firms themselves. Robert Holthausen, a professor at Wharton business school, argues that between 50% and 80% of mergers fail to deliver long-term results. Making Baseball A Hit Baseball may not yet be a favorite in Europe, but at least one firm believes that broadcasting the U.S.'s national pastime can be a viable European business. This week Dublin-based North American Sports...
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