Description: HP lost $8.8 billion on acquisition gone bad. Are high-priced consultants and accountants like KPMG and Deloitte to blame?
Source: TheDailyBeast.com
Date: Nov 21, 2012
Questions for Discussions:
- Who is at fault for this situation?
- What does this report say about the value of consultants and their effort at due diligence?
- What is the lesson for management to learn when engaging in mergers or acquisitions?
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