Wall Street loves mergers and acquisitions. They feed the egos of CEOs by increasing their empires and garner big fees for the bankers that help put big deals together. They can also result in a big payday for investor of the firm that gets bought out. But, sadly, for these reasons, most mergers destroy shareholder value over the long haul.For investors, the track record indicates that it can be more lucrative to bet on deals where firms break themselves apart. One such deal that became final less than two weeks ago found two giant defense and aerospace-focused firms merge, but …read more
Source:: Yahoo Finance
