This study analyzes the merger between Daimler and Chrysler that occurred in 1998. It identifies the challenges the two companies faced due to their differing cultures. Financial data is analyzed to examine changes after the merger. The results determined the merger was a failure as the cultural differences between the German and American companies were too great. Ultimately, Chrysler was acquired by Cerberus Capital Management in 2007.
This study analyzes the merger between Daimler and Chrysler that occurred in 1998. It identifies the challenges the two companies faced due to their differing cultures. Financial data is analyzed to examine changes after the merger. The results determined the merger was a failure as the cultural differences between the German and American companies were too great. Ultimately, Chrysler was acquired by Cerberus Capital Management in 2007.
This study analyzes the merger between Daimler and Chrysler that occurred in 1998. It identifies the challenges the two companies faced due to their differing cultures. Financial data is analyzed to examine changes after the merger. The results determined the merger was a failure as the cultural differences between the German and American companies were too great. Ultimately, Chrysler was acquired by Cerberus Capital Management in 2007.
This study analyzes the merger between Daimler and Chrysler that occurred in 1998. It identifies the challenges the two companies faced due to their differing cultures. Financial data is analyzed to examine changes after the merger. The results determined the merger was a failure as the cultural differences between the German and American companies were too great. Ultimately, Chrysler was acquired by Cerberus Capital Management in 2007.
conditions for merger of Dailmer Chrysler. Also finding out the revenues, profits and market share of the corporation after collaboration. The differences between the two companies and the challenges they faced, are the key foundation factors to the argument of whether this merger is a success or failure. Research questions Identify the challenges faced by the two companies.
Finally identify the changes of post merger, through financial data analysis. Method Analysis Research has been carried out using secondary data. Data obtained from the research, journal articles, books, news papers, social media, company websites. 2003-05 revenue Cultural clash Savings resulting from economies of scale Merger of the equals Results The merger of Daimler and Chrysler was a failure as the culture of the firms were very different from each other. Finally, Cerberus Capital Management LP buying 80.1% for $7.4 Billion acquired the Chrysler. References http://www.kwintessential.co.uk/resources/ daimlerbenz-chrysler-merger.html [Accessed 4/04/2014] http://mba.tuck.dartmouth.edu/pdf/2002-1- 0071.pdf [ Accessed 4/4/14] http://barbradozier.wordpress.com/2010/0 5/28/mergers-and-acquisitions-daimler-ag- chrysler-group/ [ Accessed 5/4/14] "DaimlerChrysler AG" Standard & Poors Stock Reports. New York: Standard & Poors, Inc., July 21, 2001. Analysis on Daimler-Chrysler Merger (1998) Author- Akshit Jindal (MBA- SAP 2014) Affiliated By: Amity University London Theoretical concept