Today’s news brings word that Daimler may be looking to break up with Chrysler. I find this particular merger interesting because it came up more than once in my MBA studies. While the problems we studied had more to do with integrating two different engineering cultures and technology platforms, the financial wisdom of such a merger was always what I questioned.
I have a strong anti-merger bias, having been on both sides of such mergers at each of my last three employers. I’ve written about them in this blog before. Thanks to this transcript of a PBS NewsHour segment, it’s possible to look back at the time when this merger was fresh and new.
I found it interesting to read how positively all the guests viewed the merger at the time. Not until almost the end of the segment do you find much skepticism about whether or not the merger will be successful.