When two companies of immense net worth merge, the results are often extreme. Either they soar to unprecedented heights, or they become historical markers for epic failures. Whatever the result may be, they always end up affecting a significant percentage of the population. Here are some of the biggest mergers the world has ever seen.
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| Image source: qwiknumbers.com |
AOL and Time Warner
After the computations were made, it was estimated that this deal cost a whopping $164 billion. The problem though was that before its tenth year anniversary, the partnership collapsed due to a combination of factors. At the end, Time Warner returned to being its own company.
Vodafone and Mannesmann
This merger happened a month after the AOL-Time Warner merger and it holds the record the biggest merger in recorded history. It happened in February 2000, with over $180 billion at stake. It did have a few kinks, like the Germans not accepting the deal warmly. But these were eventually ironed out and Vodafone emerged as the industry leader in mobile devices.
Verizon and Verizon Wireless
This merger happened a lot more recently. Verizon pulled off a coup by taking Verizon Wireless from Vodafone – but without coughing up $130 billion. That may sound like a huge loss, but Verizon has become much more competitive in the US because of this merger.
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| Image source: deadline.com |
Hi, I’m Steve Sorensen and I’m interested in learning about companies with rising net worth. For updates, subscribe to this Twitter account.
The last Time Warner deal was the worst deal in history. What is AT&T thinking?
ReplyDeleteAs we know, a merger would lead to a rise in price as lesser firms are left competing in the industry.
ReplyDeleteVodafone’s proposal to merge with Mannesmann is seen as an anti-competitive threat to other telecommunication service provider.
ReplyDelete