Most talented executives can understand when an acquisition has fiscal or tactical gains, and in this case, the choice to be obtained was an appropriate exit strategy for a successful startup. Peter Street's startup had been growing rapidly and was developing an image for reliability in boosting industry when Japanese firm voluntarily offered for paying a premium for the U.S business. Having done business in Japan (and commonly with the acquiring company) before the sale of his company, the acquisition was entered by Street with enthusiasm.
As part of the deal, Street's former firm would continue to run in the United States as a division of holding company and Street would stay as CEO. A few months into the transition, nevertheless, Street discovered a big difference between working with and working for the Japanese company. This case focuses on the challenges of executing a cross-border acquisition.
Sold - to the Highest Bidder in Japan Operational Challenges and Culture case study solution
PUBLICATION DATE: March 19, 2015 PRODUCT #: UV6954-PDF-ENG
This is just an excerpt. This case is about ORGANIZATIONAL DEVELOPMENT