We’ve updated “Perfecting the Art of the Deal,” a working paper that applies our research to potential mergers and acquisitions. Read the introduction below and click to download the entire article in PDF form.

What is it about the word "synergy?" It pretty much disappeared from the business lexicon after the AOL-Time Warner merger, the mother of all synergy deals, showed itself to be a disaster. But the word, or at least the idea, is all over the place again. Apparently, you can’t keep a bad word down.
A recent [...]