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Business Line Feb 16 2009_Most cos see value erosion after merger & acquisition deals

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Jagannadham Thunuguntla
Jagannadham Thunuguntla

Mr Jagannadham Thunuguntla, CEO & Equity Head of SMC Capital, told Business Line the study showed that though majority of the companies saw value erosion of their stocks, the stocks’ performance after the deals was not necessarily a comment on the impact of the events at the operational and fundamental levels. “It is only a reflection of the capital market performance of each stock,” he added.

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Business Line Feb 16 2009_Most cos see value erosion after merger & acquisition deals

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