(d) There is considerable evidence to suggest that as a result of implementation problems

(d) There is considerable evidence to suggest that as a result of implementation problems less than 50% of all

acquisitions achieve their objectives and actually end up reducing shareholder value.

Required:

Provide Ken with a brief report on the most likely sources of integration problems and describe the key

performance indicators he should use to measure progress towards acquisition objectives. (15 marks)

(d) Many academic studies, together with actual managerial experience, point to the post-acquisition integration phase as beingthe key to an acquirer achieving their acquisition objectives. In particular, the creation (or destruction) of shareholder value