Subject category:
Strategy and General Management
Published by:
International Institute for Management Development (IMD)
Version: 01.04.2004
Length: 11 pages
Data source: Published sources
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Abstract
This is the first of a two case series (IMD-3-0948 and IMD-3-0949). On 18 September 1997 Price Waterhouse (PW) and Coopers & Lybrand announced their plans to merge. This merger created the world''s largest professional services firm, with US $11.8 billion in revenues and 130,000 employees in over 150 countries. Observers predicted the inevitability of a conflict of interest between the two merging companies. This case discusses the challenges faced by the two companies in concluding a successful merger, as well as the reaction by the market, competitors, and general public.
Location:
Industry:
Size:
USD11.8 billion
Other setting(s):
1997
Subject category:
Strategy and General Management
Published by:
International Institute for Management Development (IMD)
Version: 01.04.2004
Length: 12 pages
Data source: Published sources
About
Abstract
This is the first of a two case series (IMD-3-0948 and IMD-3-0949). On 18 September 1997 Price Waterhouse (PW) and Coopers & Lybrand announced their plans to merge. This merger created the world''s largest professional services firm, with US $11.8 billion in revenues and 130,000 employees in over 150 countries. Observers predicted the inevitability of a conflict of interest between the two merging companies. This case discusses the challenges faced by the two companies in concluding a successful merger, as well as the reaction by the market, competitors, and general public.
Settings
Location:
Industry:
Size:
USD11.8 billion
Other setting(s):
1997
Related
Subject category:
Strategy and General Management
Published by:
International Institute for Management Development (IMD)
Version: 01.04.2004
Length: 12 pages
Data source: Published sources