The 5-Cs: A Modern Framework for Consolidation of Fragmented Industries
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چکیده
In this paper, we outline a strategy for successful consolidation of fragmented industries. As background, we present a historical review of waves of consolidation, focusing on the era of industry moguls and the rise and fall of conglomerates. We follow with an analysis of the current boom in consolidation-related mergers & acquisitions, including a profile of the most active participants. We then present the consolidation framework, incorporating examples from current successful and unsuccessful consolidations.
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تاریخ انتشار 2003