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Article: DUE DILIGENCE IN mergers & acquisitions.
- Article from:
- Internal Auditor
- Article date:
- October 1, 2000
- Author:
CopyrightCOPYRIGHT 2000 Institute of Internal Auditors, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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By developing a template to guide business units in mergers and acquisitions, internal auditors at Ameritech took due diligence to a higher level. Management decision-making processes were strengthened, and the stock of internal auditing soared.
MERGER AND ACQUISITION (M&A) activity is booming in today's global environment. In the first half of 1999, the total value of all M&A transactions exceeded $891 billion in the U.S. and more than $1.5 trillion worldwide. Companies are turning to M&A deals for faster growth and aggressive expansion as an alternative or complement to organic growth.
Ameritech [*] is among the organizations that took the M&A route ...