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Wednesday, December 14, 2005

Many studies have concluded that from the perspective of the acquiring firm, mergers and acquisitions either produce no financial value or actually hurt firm financial performance. In spite of this gloomy evidence for mergers and acquisitions overall, deals in the hospitality industry seem to fare better. This paper examines mergers and acquisitions in the hospitality industry in light of what is known about the success or failure of acquisitions. It concludes with a list of factors to consider when doing a deal in the hospitality industry.


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