Figure 1.1. Period in the acquisition process on which this study focuses.

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Figure 1.2. Strategic and organisational fit as a means of selecting acquisition candidates.

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Figure 1.3. Model of the traditional view of the acquisition process.

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Figure 1.4. Focal period of this study in relation to Haspeslagh and Jemisons’s model of the traditional view of the acquisition process.

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Figure 1.5. Contribution of this study to SDM theory.

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Figure 2.1. Assessment of plausibility and evidentiary support for selected M&A theories.

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Figure 2.2. Generic M&A task map.

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Figure 2.3. Preliminary explanatory model of factors that may reverse acquisition decisions.

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Figure 2.4. Possible effects of change in CEOs on an acquisition decision reversal.

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Figure 2.5. Hypothetical M&A search cost curve.

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