María Fernanda Ocejo Castillo

A01701745

Mergers & Acquisitions Examples

Instructions: Upload three examples of acquisitions or mergers that occurred during each of the
Mergers & Acquisitions waves reviewed in class

 Horizontal Consolidation (1897-1904)

o J.P. Morgan merged U.S steel with Carnegie steel and more than
700 small steel firms.
o Texaco, the petroleum Company was created as a result from the
mergers in this period.
o Simultaneous consolidation of manufacturers within one industry
o Mergers during this period got as a result the conformation of the first
“giants” in the oil, mining, and steel industries.

 Increasing Concentration (1916-1929)

o Dillon, Read & Company acquired Dodge Brothers Company for 148
million. (1925)
o Chrysler acquired Dodge Motors. (1928)
o Due to the mergers from combining the assets of 11 small petroleum
companies, Sinclair Oil and Refining Corporation was formed. (1916)

 The Conglomerate Era (1965-1969)

o New York Central and Pennsylvania railroads merged to become to
the sixth largest corporation (at the time) in America. (1968)
o Volkswagen acquired Audi. (1966)
o Coca-Cola acquired Minute Maid
o Berkshire acquires See´s Candy for 25 million. (1972)

 The Retrenchment Era (1981-1989)

o Ford acquired Jaguar for about 2.5 billion. (1989)
o Coca-Cola acquired movie studio Columbia Pictures for 692 million.
(1982)
o Gap acquired Banana Republic. (1983)

 Age of Strategic Megamerger (1992-2000)

o Pfizer acquired Warner-Lambert for 90 billion. (2000)
 María Fernanda Ocejo Castillo
A01701745
o Exxon and Mobil merge with a deal of 80 billion. (1998)
o Vodafone acquired Mannesmann for 203 billion. (1999-2000)
o AOL and Time Warner merger for 182 billion. (2000)
o Microsoft acquired Hotmail. (1997)

 Age of Cross Border and Horizontal Megamergers (2003-2007)

o Google acquired Android for an estimated 5 million. (2005)
o Disney acquired Pixar for 7.4 billion. (2006)
o Tata steel acquired Corus Group for about 12.2 billion. (2007)
o Gaz de France and Suez Merger for 182 billion. (2007)
o Verizon and Vodafone acquisition. (2013)
o Royal Dutch Petroleum and Shell merger. (2004)

References:

 CNBC. (2014, January 29). Top 10 best (and Worst) mergers of all time. CNBC.
https://www.cnbc.com/2009/12/29/Top-10-Best-(and-Worst)-Mergers-of-All-
Time.html. 
 Expansion, G. (n.d.). The 7 biggest mergers and acquisitions. Global Expansion.
https://www.globalexpansion.com/blog/the-largest-mergers-and-acquisitions. 
 Lewis, M. (2021, July 9). 13 largest m&a deals of all Times: Top Acquisition
EXAMPLES. RSS. https://dealroom.net/blog/successful-acquisition-examples. 
 Mergers. \Mergers & acquisitions. (n.d.).
https://www.wtamu.edu/~jowens/FIN6320/MERGER%20WAVES.htm. 
 U.S. News & World Report. (n.d.). The 7 Smartest acquisitions of all time. U.S.
News & World Report.
https://money.usnews.com/investing/articles/2016-07-06/the-7-smartest-
acquisitions-of-all-time. 
 Wikimedia Foundation. (2021, May 9). Sinclair oil Corporation. Wikipedia.
https://en.wikipedia.org/wiki/Sinclair_Oil_Corporation. 
María Fernanda Ocejo Castillo
A01701745