When M&A goes wrong

当并购走错路时

Behind the Money

2024-04-24

20 分钟
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单集简介 ...

When a company is sold there tends to be a standard playbook: There’s some tough negotiations. Then, the buyer gets a business and the seller gets a check. Everyone’s happy. That’s not what happened when a private equity firm recently bought a California grocery store chain. The FT’s Wall Street editor Sujeet Indap explains how the deal went off the rails, and how the supermarket’s owners might end up paying millions of dollars to sell their company.  Clip from KCRA  - - - - - - - - - - - - - - - - - - - - - - - - - -  For further reading: The inequity method of accounting Opposition shadows Cerberus windfall from Albertsons supermarket deal  The pool is closed, part 1 - - - - - - - - - - - - - - - - - - - - - - - - - -  On X, follow Sujeet Indap (@sindap) and Michela Tindera (@mtindera07), or follow Michela on LinkedIn for updates about the show and more. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
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  • Today, I want to talk about M&A, that's mergers and acquisitions.

  • Now, to do this,

  • I'm going to dive into a bit of a hypothetical situation here where I've spent years not covering financial news,

  • but rather making and selling the best pizza in New York.

  • Now, I called in the FT's Wall Street editor, Sujit Indap, to help me with the next part here.

  • So Sujit, let's picture this.

  • I have this pizza restaurant that I've built up and I've run it for years.

  • Everyone loves my pizza.

  • I'm really proud of it.

  • But now I'm done with that.

  • I want to sell it.

  • And I'm looking for a buyer.

  • So how does this process work with a typical M&A deal?