Why Companies Do Not Pursue Attractive Mergers and Acquisitions
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4.2.3. Privec’s Deal Flow and Decision-Making Process

192

4.2.4. Key Factors Required to Consummate an Acquisition

200

4.2.5. Privec’s Forgone Opportunities and Reasons for Them

201

4.2.6. Electro: A Complex (and Potentially) Forgone Opportunity

205

4.2.7. Analysis of Privec’s Forgone Opportunities

214

4.2.8. Summary of Analysis of Privec Cases

228

4.3. Analysis of Individual Cases From Industry Interviews

230

4.3.1. Introduction

230

4.3.2. Narrative Case Descriptions and Variables Derived From Within-Case Analyses

231

4.3.3. Summary Analysis of Individual Cases From Industry Interviews

256

4.4. Cross-Case Analysis

259

4.4.1. Introduction

259

4.4.2. Analysis of Additional Cases and M&A Industry Expert Interviews

260

4.4.3. Key Findings From Cross-Case Analysis

265

4.4.4. Summary of Findings From Cross-Case Analysis

285

Chapter 5: Conclusions

295

5.1. Introduction

295

5.1.1. Main Points

297

5.2. Summary of Findings: The Empirical Model and Research Propositions and Contributions to M&A Theory

303

5.2.1. Introduction

303

5.2.2. The Empirical Model

303

5.2.3. Research Propositions

305