Now we are one

Author: T, Kippenberger,

Source: The Antidote, Volume 3, Number 3, 1998 , pp. 37-40(4)

Publisher: Emerald Group Publishing Limited

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Abstract:

Delves into the £7 billion transatlantic `merger of equals' Smithkline Beckman and Beecham, in 1989. Looks at how the merger was formulated and the planning for integration - including informing shareholders and employees - although it does itemize all the problems that had to be surmounted to enable the merger to go ahead. Acknowledges the openness of the CEOs and top managers in relating their story, in spite of things not always going according to plan.

Keywords: Mergers and Acquisitions; Smithkline Beecham; Integration

Document Type: Research article

DOI: http://dx.doi.org/10.1108/EUM0000000006383

Publication date: 1998-03-01

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