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Top Mergers
Presented By
EMBA Finance (weekend II)
Prepared To
Manjurul Alam Mazumder
Assistant Professor
International Islamic University Chittagong
Prepared & Designed by: Amranul Hasan Md. Saim
copyright reserved
Disney & Pixar Merger
 Company Profile
 Products
 History
 Post-Merger Performance
Presented By
Amranul Hasan Md. Saim (Lead)
 Company Profile
Company Type: Public
Industry: Mass media
Entertainment
Predecessors: Laugh-O-Gram Studio
Founded: October 16, 1923; 92 years ago
Los Angeles, California, United States
Founders: Walt Disney and Roy O. Disney
Headquarters: 500 South Buena Vista Street,
Burbank, California, United States
Website: www.thewaltdisneycompany.com
The Walt Disney Studios (Corporate Headquarters)
Products:
 Cable television,
 publishing,
 films,
 music,
 video games,
 theme parks,
 broadcasting,
 radio,
 web portals
Services: Licensing
History
 The Walt Disney Company was founded on October 16th 1923 by brothers Walt and Roy
Disney.
 It is one of the largest media and entertainment corporations in the world.
 Its the owner of 11 theme parks and several television networks, including the American
Broadcasting Company (ABC).
 Disney started making films in the 1930s.
 Some of their first films were Snow White, Bambi and Pinocchio.
 A lot of their earlier films were animated adaptations of childrens fairytales.
 Company Profile
Company Type: Subsidiary of The Walt Disney Company
Industry: Computer animation
Motion pictures
Predecessors:
The New York Institute of Technology Computer Graphics Lab (197479)
The Graphics Group of Lucasfilm Computer Division (197986)
Founded: February 3, 1986; 30 years ago
Founders: Edwin Catmull
Alvy Ray Smith
Headquarters: Emeryville, California, U.S.
Website: www.pixar.com
Pixar's headquarters in Emeryville
Products:
 Pixar Image Computer
 Animated based Film
 Renderman
 Marionette
History
 Pixar Animation Studios was started by John Lassrter & George Lucas.
 Pixar was initially a computer graphics division owned by film maker George Lucas Known as
Lucas film limited.
 In 1986, Steve Jobs purchased the computer graphics division of Lucas Film Ltd. For $10
million and established it as an independent company named Pixar, co-founded with Dr.
Edwin E. Catmull.
 On November 22, 1995, Pixar Animation Studios forever impacted the future of filmmaking
with the release of its first feature film, Toy Story. The film went on to become the highest
grossing film of 1995 with $362 million.
Post-Merger Performance
Disney & Pixar both are benefitted from this merger in a rational way
Disney:
 The acquisition gave Disney ownership of the worlds most famous computer animation
studio and its talent.
 The timing was also perfect for Disney, as its own animation films were failing.
 The deal brought the technology company Apple closer to Disney.
 The decrease in competition is another motive for Disney.
Post-Merger Performance
Disney & Pixar both are benefitted from this merger in a rational way
Pixar:
 For Pixar it was a good move to face competitors like DreamWorks & 20th century fox.
 The deal gave Apple iTunes more video content to offer.
 Pixar can focus on its core strength of producing the computer animation and does not
have to invest in production line for making merchandise and home entertainment.
Sirius & XM Radio Merger
 Company Profile
 Products
 History
 Post-Merger Performance
Presented By
Md. Hasan Murad
 Company Profile
Type: Satellite Radio
Industry: Radio broadcasting
Founded: May 17, 1990; 25 years ago
Founder: Martine Rothblatt
David Margolese
Robert Briskman
Headquarters: 1221 Avenue of the Americas
New York City, New York, U.S.
Website: www.siriusxm.com
1221 Avenue of the Americas, New York City, New
York, U.S
Products:
Satellite radio
History
 Sirius satellite radio was founded by Martin Rothblatt, David Margoless and Robert Briskman.
In 1990,Rothblatt founded satellite cd radio in Washington dc.
 In April 1992, Rothblatt resigned as chairman and CEO to start a medical research foundation.
Former NASA engineer Briskman, who designed the company's satellite technology, was then
appointed chairman and CEO.
 Margolese renamed the company CD radio, and spent the next five years lobbying the FCC to
allow satellite radio to ne deployed, and the following five years raising $1.6 billion, which
was used to build and lunch three satellite into elliptical orbit from Kazakhstan in July 2008.
History
 XM satellite radio was founded by Lon Levin and Gary Parsons.
 In 1992, AMSC established a unit called the American Mobile radio corporation, dedicated to
developing a satellite based digital radio service, this was spun off as XM satellite radio
holding Inc. in 1998.
Post-Merger Performance
Both the company's entered into a merger on July 29-2008
 Resurgence and growth:
In the fourth quarter of 2009 , Sirius XM posted a profit for the first time, with a net income of
$14.2 million. This came after net losses of $245.8 million in the year following the merger.
 Internet and mobile:
Sirius XM radio content is available to stream online as an add on to existing subscriptions, or as
an Internet only option. It also develop Apps for variant devices.
 Subscription:
Following the merger, Sirius XM jettisoned the simplicity of previous monthly subscription
models and began offering numerous new option, including a la carte offerings, a family friendly
version and "mostly music " or " news, sports and talks " package, ranging in price from $6.99 to
$16.99 per month.
Exxon & Mobil Merger
 Company Profile
 Products
 History
 Post-Merger Performance
Presented By
Shaharea Islam
 Company Profile
Company Type: Public
Industry: Oil and Gas
Predecessor: Exxon
Mobil
Founded: November 30, 1999; 16 years ago
Headquarters: Irving, Texas, United States
Website: www.ExxonMobil.com
Irving, Texas, United States
Products:
 Fuels
 Lubricants
 Petrochemicals
 refining
History
 The former Exxon Company was founded in 1882 as part of the Standard Oil trust, which in
1899 became the holding company for all companies previously grouped in the trust.
 In 1911 the U.S. Supreme Court ordered it to divest itself of 33 of its American subsidiaries.
 In 1898 it gained control of Imperial Oil Limited, Canadas leading oil company.
 In 1926 The New Jersey Company introduced the trade name Esso and applied it to many of
its products and companies.
 In 1972, Standard Oil Company (New Jersey) became Exxon Corporation, and many
subsidiaries and affiliates. Many foreign affiliates, however, retained the Esso name.
History
 1866: The vacuum Oil Co. Incorporated Founded
 1882: Standard Oil of New York founded
 1960: Mobil Chemical Co. Formed
 1972: Mobils 11.875% stake in Iraq Petroleum Company Nationalized.
 1975: Mobil increases its share of Aramco from 10% to 15%.
 1996: Mobil commissions two new plans in Yeman and Syria.
Post-Merger Performance
In 1998, Exxon Mobil signed a US$ 73.7 billion merger agreement forming a new company called
ExxonMobil.
 World largest publicly traded international oil and gas Company with total asset of $334B
 Top the list as the worlds largest refiner with 1,655,55 barrels of crude per calendar day
 Exploration and production acreages in 36 countries.
 Production operations are spread in 23countries Worldwide.
 Over 120 major development projects.
 25 percent return on capital employed across our worldwide operation, leading the industry.
 World-record 7.7 mile long horizontal well drilled in 2012.
Penn & New York Central Merger
 Company Profile
 Products
 History
 Post-Merger Performance
Presented By
Sharif Mahamud Chy
 Company Profile
Locale: Illinois, Indiana, Michigan, Ohio, West Virginia, Pennsylvania, New York, New Jersey, Maryland,
Delaware, Connecticut, Rhode Island, Massachusetts, Washington, DC, Ontario, Quebec
Dates of operation: 19681976
Predecessor: Pennsylvania Railroad
New York Central Railroad
New York, New Haven & Hartford Railroad
Successor: Amtrak
Conrail
Norfolk Southern
CSX Corporation
Headquarters: Philadelphia, Pennsylvania
Length: 20,530 miles (33,040 kilometers)
Website: www.pcrrhs.org
Penn Central Transportation Company
Projects & Services:
 Commuter rail Service
 Passenger rail
 Railway Express Agency Freight
 Break-bulk Freight service in
boxers
 Consumer goods and perishables
products.
History
 The Pennsylvania Railroad founded in 1846 to build a private rail line that would connect
Harrisburg to Pittsburgh.
 John Edgar Thomson (18081874) was the entrepreneur who led the PRR from 1852 to his
death in 1874, making it the largest business enterprise in the world.
 Thomson's Pennsylvania Railroad was in his day the largest railroad in the world, with 6,000
miles of track.
History
The New York Central System was a one of the largest American railroads operating in the
northeast.
 In 1853, Erastus Corning merged 10 railroads across New York State to form the New York
Central railroad between Albany and Buffalo.
 The Vanderbilt era began in 1867 with the merger of his Hudson River Railroad with the NYC.
 The New York Central & Hudson River and the Lake Shore & Michigan Southern were
merged in 1914 to form the New York Central Railroad Company.
 Several leased and affiliated lines made up the core of the New York Central System.
Post-Merger Performance
Penn Central was formed in a 1968 merger between the Pennsylvania Railroad and the New York
Central Railroad. The Penn Central's collapse has been called the biggest business failure in American
history.
The facts behind failure
 Clashing corporate cultures between two railroad
 Rising cost of employee
 Government regulations,
 Facing major cost cutting
 Lack of long term planning
 Incompatible computer systems and union contracts.
 Track conditions deteriorated and trains had to be run at reduced speeds.
 Shipments and personnel working a lot of overtime. As a result, operating costs soared.
Derailments and wrecks became frequent, particularly in the Midwest.
Daimler Benz & Chrysler Merger
 Company Profile
 Products
 History
 Post-Merger Performance
Presented By
Zahid Hossain
 Company Profile
Industry: Automotive
Predecessor: Daimler-Benz (1926-1998)
DaimlerChrysler (1998-2007)
Founded: 1998; 18 years ago (as DaimlerChrysler)
Headquarters: Stuttgart, Germany
Key people: Dieter Zetsche (CEO and Chairman of the
Board of Directors)
Manfred Bischoff (Chairman of the
supervisory board)
Website: www.daimler.com
Stuttgart, Germany (Corporate Headquarters)
Products:
 Automobiles,
 commercial vehicles
History
 Daimler AG which is a automobile manufacture company of Germany.
 It found in 1998 & its headquarters Stuttgart, Germany.
 It signed an agreed to merge and use the brand name Mercedes Benz.
 In 1998, the Daimler agreement with Ben & Cie in which they Benz made world largest
cross over deal of $38 billion with Chrysler Corporation and change the company name
Daimler Chrysler AG.
 This Chrysler group was also sold in 2007 and changed to simply Daimler AG and in 2014,
Daimler acquire 25% of MV Agusta for an undisclosed fee.
 Company Profile
Company Type: Limited Liability Company
Industry: Automotive
Predecessor: Chrysler Group LLC (2009-2014)
Chrysler LLC (20072009)
DaimlerChrysler AG (19982007)
Chrysler Corporation (19251998)
Founded: Chrysler Corporation, June 6, 1925
Chrysler Group LLC, June 10, 2009
FCA US LLC, December 16, 2014
Founder: Walter P. Chrysler
Headquarters: Auburn Hills, Michigan, U.S.
Website: www.fcausllc.com
Auburn Hills, Michigan, U.S.
Products:
 Automobiles
 Commercial vehicles
 Automotive parts
History
 Chrysler founded in 1925, June 6 & its head quarter Auburn Hills, Michigan, U.S.
 It is a 3rd largest of Detroit's auto companies.
 It bought American motors in 1987 and in the 1990s it launch Dodge Viper Sports car and its
jeep lineup.
 Chrysler was acquired by Daimler Benz in 1998 but in 2007 it was sold to Cerberus capital
management as Daimler Chrysler. it faces ups and downs in this sequence in 2014.
 Chrysler joined with general motors and in January 2015, it deal with fiat which take a major
role in the company's management but as Obama administration unable to support. It is now
upto a federal bankruptcy court to determine Chyrslers future.
Post-Merger Performance
 The deal of both of these companies fail due to unsatisfied performance after merge. Also
Chrysler loose money where they thought they would profit.
 Also the cultural difference and failure of operation management leads to their lose
 The opposite management style of these companies and Daimler attempt to take over the
entire organization speed up of lose.
 Also synergies cost & competitors reaction causes for failure.
Mattel & The Learning Company Merger
 Company Profile
 Products
 History
 Post-Merger Performance
Presented By
Md. Ismail Hossain
 Company Profile
Company Type: Public company
Industry: Entertainment
Founded: 1945, El Segundo, California
Founder: Harold Matson
Elliot Handler
Ruth Handler
Headquarters: El Segundo, California, US
Website: www.mattel.com
Aerial view of Mattel Headquarters
Products:
 plastic dolls,
 toy race cars,
 games
History
 1945 ruth and Elliot Handler partnership called Mattel Creations, making and selling first
picture frames and later dollhouse furniture.
 1948 The company is incorporated in california.
 1955 mattel becomes a year-round sponsor of the walt Disney television program mickey
Mouse club.
 1974 the handler are ousted from the company for issued false financial reports.
 Company Profile
Type: Subsidiary
Founded: 1980
Headquarters: Boston, Massachusetts, United States
Key people: Warren Robinett (co-founder)
Parent: Houghton Mifflin Harcourt
Website: www.learningcompany.com
Products:
 Educational software
 Learning tools
History
 The original TLC was founded in 1980 by Ann McCormick, Leslie Grimm and Teri perl.
 They think that its an opportunity to enhance the ability to teach young children concept of
math, reading science.
 During first four years, the founding board of directors hired and replaced four CEO as the
company incurred significant loss attempt to develop in business.
 In 1995 TLC was acquired in by Softkey. In 1996 Softkey changed its name to the Learning
Company.
Post-Merger Performance
In 1998, Mattel agreed to acqure the learning company in a stock. For stock merger valuing the
company at approximately $4.2 billion.
Mattel to ditch the learning company.......
 Mattel said today it is looking to sell its interative software unit, The Learning company which
the toy maker had characterized as a distraction and blame for disappointing 1999 earnings.
 Mattel announced today that it has hired investment bank credit suisse first boston to help it
sell or otherwise dispose of the learning compay.
 Mattel sold the learning company in 2000 at a loss to gores technology group. The total
financial loss of Mattel to be as $3.6 billion.
Sears & Kmart Merger
 Company Profile
 Products
 History
 Post-Merger Performance
Presented By
Miton Das
 Company Profile
Company Type: Public
Industry: Retailing
Founded: 2005; 11 years ago
Headquarters: Hoffman Estates, Illinois, U.S.
Key people: Edward Lampert (Chairman and CEO)
Website: www.searsholdings.com
Hoffman Estates, Illinois, U.S.
Projects:
 Off-mall format  (Sears Essentials)
 Retails shop of Sears & Kmart.
 Lots of their Subsidiaries.
History
 In 1886 Richard Sears starts selling watches to supplement his income as station agent at
North Redwood, Minn.
 In 1887 Sears settles in the companys first Chicago location and hires a watchmaker named
Alvah C. Roebuck.
 1986 Sears celebrates its 100th anniversary.
 In 1993 Sears sells Coldwell Banker Residential Service and Sears Mortgage Banking Group.
 In 2004 Sears announced a new ad campaign, the first to features Ty Pennington, the star of
ABCs smash hit, Extreme Makeover Home Edition.
 In 2005 Sears announced the launch of the companys newest off-mall format-Sears
Essentials.
History
 In 1899 Sebastian S. kresage found S.S. kresge co.It sales top $1 billion.S.S. kresage runs 915
stores, including 162 Kmarts.
 In1977 S.S. kresage co. changes its name to Kmart corp.
 In 1984 kmart purchases Walden Bool co. and Home Centers Of America.
 In 1991 its acquires 90 percent of OfficeMax.
 In Jan22, 2002 kmart files for chapter 11 bankruptcy protection.
Post-Merger Performance
The Sears and Kmart merger has unfortunately been unsuccessful for the following reason:
 TWO DISTINCT COMPANY CULTURES At sears, most salespeople received commissioned
based salaries. Most of the coworkers worked at Sears for many years and made it their
primary full-time career. Whereas in Kmart, many salespeople were paid above the minimum
wage with no commissions, resulting in more employees that are younger, less experienced
and working part-time.
 DIFFERENT CORE COMPETENCES- Searss appliances and home improvement are high-end
product excellent value for money. On the other hand Kmart is a discount retailer as well as
importing cheaper goods from overseas. Right after the merger, customer were worried and
unsure if Kmart product were going to be introduced into Searss stores, especially in my
department and appliance.
Sprint & Nextel Merger
 Company Profile
 Products
 History
 Post-Merger Performance
Presented By
Farhadur Reza
 Company Profile
Company Type: Public
Industry: Telecommunications
Founded: 1899; 117 years ago
Founder: Jacob Brown
Headquarters: Overland Park, Kansas, United States
Website: www.sprint.com
Overland Park, Kansas, United States
Sprint Corporation
Products:
 Wireless communications
 Internet services
 Long distance frequency
History
 1899 (Sprint Founder) - Cleyson Brown begins the Brown Telephone Co.
 1975 (World Class Sprint)  World's first Public Data Network is launched.
 1996 (PCS Leader Sprint)  First nationwide 100-percent digital PCS wireless network is
completed.
 2001 (Blazing Speed Sprint)  Global IP network features first 10 gigabit per second
transatlantic IP backbone.
 2002(Fast Finder Nextel)  Global Positioning System (GPS)-enabled phone (with Motorola) is
an industry first.
 2003 (Cable Telephony Sprint)  Voice phone service in partnership with cable companies is
initiated.
 2004 (Double Coverage) - Nextel Wireless BroadbandSM launches and coverage area doubles
in less than year.
 Company Profile
Industry: Wireless Communications
Predecessor: FleetCall
Successor: Sprint Nextel Corporation, NII Holdings
Founded: 1987; 29 years ago (as FleetCall)
Founders: Brian McAuley, Morgan E. O'Brien, Peter Reinheimer, Chris Rogers, Mark Warner
Headquarters: Reston, Virginia, United States
Website: www.nextel.com
Reston, Virginia, United States
Nextel Communication, Inc.
Services:
A wireless operator.
History
 In 1987, a visionary entrepreneur named Morgan O'Brien founded a company called Fleet
Net. Renamed Nextel in 1993, the company rapidly established itself as a nationwide force in
the burgeoning world of wireless communications.
 Sprint will buy Nextel Communications in a $35 billion deal that will create a wireless
behemoth.
 The deal, announced Wednesday, combines the No. 3 and No. 5 players in the market and
will produce a company with about 40 million customers, including those through affiliates.
Post-Merger Performance
On Dec 15,2004 Sprint Corporation & Nextel communication announced they would merger to
form Sprint Nextel Corporation.
 Integrating the two companies: Added 708,000 subscriber's last quarter far below.
 Shareholders equity: Net income last year was $1.5 million.
Today's Situation:
 Struggling to absorb the 17.8 millon customers it added due to the merger in 2005.
 $8 Billion allocated to implementing WiMax Technology.
Top mergers

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Top mergers

  • 1. Top Mergers Presented By EMBA Finance (weekend II) Prepared To Manjurul Alam Mazumder Assistant Professor International Islamic University Chittagong Prepared & Designed by: Amranul Hasan Md. Saim copyright reserved
  • 2. Disney & Pixar Merger Company Profile Products History Post-Merger Performance Presented By Amranul Hasan Md. Saim (Lead)
  • 3. Company Profile Company Type: Public Industry: Mass media Entertainment Predecessors: Laugh-O-Gram Studio Founded: October 16, 1923; 92 years ago Los Angeles, California, United States Founders: Walt Disney and Roy O. Disney Headquarters: 500 South Buena Vista Street, Burbank, California, United States Website: www.thewaltdisneycompany.com The Walt Disney Studios (Corporate Headquarters)
  • 4. Products: Cable television, publishing, films, music, video games, theme parks, broadcasting, radio, web portals Services: Licensing
  • 5. History The Walt Disney Company was founded on October 16th 1923 by brothers Walt and Roy Disney. It is one of the largest media and entertainment corporations in the world. Its the owner of 11 theme parks and several television networks, including the American Broadcasting Company (ABC). Disney started making films in the 1930s. Some of their first films were Snow White, Bambi and Pinocchio. A lot of their earlier films were animated adaptations of childrens fairytales.
  • 6. Company Profile Company Type: Subsidiary of The Walt Disney Company Industry: Computer animation Motion pictures Predecessors: The New York Institute of Technology Computer Graphics Lab (197479) The Graphics Group of Lucasfilm Computer Division (197986) Founded: February 3, 1986; 30 years ago Founders: Edwin Catmull Alvy Ray Smith Headquarters: Emeryville, California, U.S. Website: www.pixar.com Pixar's headquarters in Emeryville
  • 7. Products: Pixar Image Computer Animated based Film Renderman Marionette
  • 8. History Pixar Animation Studios was started by John Lassrter & George Lucas. Pixar was initially a computer graphics division owned by film maker George Lucas Known as Lucas film limited. In 1986, Steve Jobs purchased the computer graphics division of Lucas Film Ltd. For $10 million and established it as an independent company named Pixar, co-founded with Dr. Edwin E. Catmull. On November 22, 1995, Pixar Animation Studios forever impacted the future of filmmaking with the release of its first feature film, Toy Story. The film went on to become the highest grossing film of 1995 with $362 million.
  • 9. Post-Merger Performance Disney & Pixar both are benefitted from this merger in a rational way Disney: The acquisition gave Disney ownership of the worlds most famous computer animation studio and its talent. The timing was also perfect for Disney, as its own animation films were failing. The deal brought the technology company Apple closer to Disney. The decrease in competition is another motive for Disney.
  • 10. Post-Merger Performance Disney & Pixar both are benefitted from this merger in a rational way Pixar: For Pixar it was a good move to face competitors like DreamWorks & 20th century fox. The deal gave Apple iTunes more video content to offer. Pixar can focus on its core strength of producing the computer animation and does not have to invest in production line for making merchandise and home entertainment.
  • 11. Sirius & XM Radio Merger Company Profile Products History Post-Merger Performance Presented By Md. Hasan Murad
  • 12. Company Profile Type: Satellite Radio Industry: Radio broadcasting Founded: May 17, 1990; 25 years ago Founder: Martine Rothblatt David Margolese Robert Briskman Headquarters: 1221 Avenue of the Americas New York City, New York, U.S. Website: www.siriusxm.com 1221 Avenue of the Americas, New York City, New York, U.S
  • 14. History Sirius satellite radio was founded by Martin Rothblatt, David Margoless and Robert Briskman. In 1990,Rothblatt founded satellite cd radio in Washington dc. In April 1992, Rothblatt resigned as chairman and CEO to start a medical research foundation. Former NASA engineer Briskman, who designed the company's satellite technology, was then appointed chairman and CEO. Margolese renamed the company CD radio, and spent the next five years lobbying the FCC to allow satellite radio to ne deployed, and the following five years raising $1.6 billion, which was used to build and lunch three satellite into elliptical orbit from Kazakhstan in July 2008.
  • 15. History XM satellite radio was founded by Lon Levin and Gary Parsons. In 1992, AMSC established a unit called the American Mobile radio corporation, dedicated to developing a satellite based digital radio service, this was spun off as XM satellite radio holding Inc. in 1998.
  • 16. Post-Merger Performance Both the company's entered into a merger on July 29-2008 Resurgence and growth: In the fourth quarter of 2009 , Sirius XM posted a profit for the first time, with a net income of $14.2 million. This came after net losses of $245.8 million in the year following the merger. Internet and mobile: Sirius XM radio content is available to stream online as an add on to existing subscriptions, or as an Internet only option. It also develop Apps for variant devices. Subscription: Following the merger, Sirius XM jettisoned the simplicity of previous monthly subscription models and began offering numerous new option, including a la carte offerings, a family friendly version and "mostly music " or " news, sports and talks " package, ranging in price from $6.99 to $16.99 per month.
  • 17. Exxon & Mobil Merger Company Profile Products History Post-Merger Performance Presented By Shaharea Islam
  • 18. Company Profile Company Type: Public Industry: Oil and Gas Predecessor: Exxon Mobil Founded: November 30, 1999; 16 years ago Headquarters: Irving, Texas, United States Website: www.ExxonMobil.com Irving, Texas, United States
  • 19. Products: Fuels Lubricants Petrochemicals refining
  • 20. History The former Exxon Company was founded in 1882 as part of the Standard Oil trust, which in 1899 became the holding company for all companies previously grouped in the trust. In 1911 the U.S. Supreme Court ordered it to divest itself of 33 of its American subsidiaries. In 1898 it gained control of Imperial Oil Limited, Canadas leading oil company. In 1926 The New Jersey Company introduced the trade name Esso and applied it to many of its products and companies. In 1972, Standard Oil Company (New Jersey) became Exxon Corporation, and many subsidiaries and affiliates. Many foreign affiliates, however, retained the Esso name.
  • 21. History 1866: The vacuum Oil Co. Incorporated Founded 1882: Standard Oil of New York founded 1960: Mobil Chemical Co. Formed 1972: Mobils 11.875% stake in Iraq Petroleum Company Nationalized. 1975: Mobil increases its share of Aramco from 10% to 15%. 1996: Mobil commissions two new plans in Yeman and Syria.
  • 22. Post-Merger Performance In 1998, Exxon Mobil signed a US$ 73.7 billion merger agreement forming a new company called ExxonMobil. World largest publicly traded international oil and gas Company with total asset of $334B Top the list as the worlds largest refiner with 1,655,55 barrels of crude per calendar day Exploration and production acreages in 36 countries. Production operations are spread in 23countries Worldwide. Over 120 major development projects. 25 percent return on capital employed across our worldwide operation, leading the industry. World-record 7.7 mile long horizontal well drilled in 2012.
  • 23. Penn & New York Central Merger Company Profile Products History Post-Merger Performance Presented By Sharif Mahamud Chy
  • 24. Company Profile Locale: Illinois, Indiana, Michigan, Ohio, West Virginia, Pennsylvania, New York, New Jersey, Maryland, Delaware, Connecticut, Rhode Island, Massachusetts, Washington, DC, Ontario, Quebec Dates of operation: 19681976 Predecessor: Pennsylvania Railroad New York Central Railroad New York, New Haven & Hartford Railroad Successor: Amtrak Conrail Norfolk Southern CSX Corporation Headquarters: Philadelphia, Pennsylvania Length: 20,530 miles (33,040 kilometers) Website: www.pcrrhs.org Penn Central Transportation Company
  • 25. Projects & Services: Commuter rail Service Passenger rail Railway Express Agency Freight Break-bulk Freight service in boxers Consumer goods and perishables products.
  • 26. History The Pennsylvania Railroad founded in 1846 to build a private rail line that would connect Harrisburg to Pittsburgh. John Edgar Thomson (18081874) was the entrepreneur who led the PRR from 1852 to his death in 1874, making it the largest business enterprise in the world. Thomson's Pennsylvania Railroad was in his day the largest railroad in the world, with 6,000 miles of track.
  • 27. History The New York Central System was a one of the largest American railroads operating in the northeast. In 1853, Erastus Corning merged 10 railroads across New York State to form the New York Central railroad between Albany and Buffalo. The Vanderbilt era began in 1867 with the merger of his Hudson River Railroad with the NYC. The New York Central & Hudson River and the Lake Shore & Michigan Southern were merged in 1914 to form the New York Central Railroad Company. Several leased and affiliated lines made up the core of the New York Central System.
  • 28. Post-Merger Performance Penn Central was formed in a 1968 merger between the Pennsylvania Railroad and the New York Central Railroad. The Penn Central's collapse has been called the biggest business failure in American history. The facts behind failure Clashing corporate cultures between two railroad Rising cost of employee Government regulations, Facing major cost cutting Lack of long term planning Incompatible computer systems and union contracts. Track conditions deteriorated and trains had to be run at reduced speeds. Shipments and personnel working a lot of overtime. As a result, operating costs soared. Derailments and wrecks became frequent, particularly in the Midwest.
  • 29. Daimler Benz & Chrysler Merger Company Profile Products History Post-Merger Performance Presented By Zahid Hossain
  • 30. Company Profile Industry: Automotive Predecessor: Daimler-Benz (1926-1998) DaimlerChrysler (1998-2007) Founded: 1998; 18 years ago (as DaimlerChrysler) Headquarters: Stuttgart, Germany Key people: Dieter Zetsche (CEO and Chairman of the Board of Directors) Manfred Bischoff (Chairman of the supervisory board) Website: www.daimler.com Stuttgart, Germany (Corporate Headquarters)
  • 32. History Daimler AG which is a automobile manufacture company of Germany. It found in 1998 & its headquarters Stuttgart, Germany. It signed an agreed to merge and use the brand name Mercedes Benz. In 1998, the Daimler agreement with Ben & Cie in which they Benz made world largest cross over deal of $38 billion with Chrysler Corporation and change the company name Daimler Chrysler AG. This Chrysler group was also sold in 2007 and changed to simply Daimler AG and in 2014, Daimler acquire 25% of MV Agusta for an undisclosed fee.
  • 33. Company Profile Company Type: Limited Liability Company Industry: Automotive Predecessor: Chrysler Group LLC (2009-2014) Chrysler LLC (20072009) DaimlerChrysler AG (19982007) Chrysler Corporation (19251998) Founded: Chrysler Corporation, June 6, 1925 Chrysler Group LLC, June 10, 2009 FCA US LLC, December 16, 2014 Founder: Walter P. Chrysler Headquarters: Auburn Hills, Michigan, U.S. Website: www.fcausllc.com Auburn Hills, Michigan, U.S.
  • 34. Products: Automobiles Commercial vehicles Automotive parts
  • 35. History Chrysler founded in 1925, June 6 & its head quarter Auburn Hills, Michigan, U.S. It is a 3rd largest of Detroit's auto companies. It bought American motors in 1987 and in the 1990s it launch Dodge Viper Sports car and its jeep lineup. Chrysler was acquired by Daimler Benz in 1998 but in 2007 it was sold to Cerberus capital management as Daimler Chrysler. it faces ups and downs in this sequence in 2014. Chrysler joined with general motors and in January 2015, it deal with fiat which take a major role in the company's management but as Obama administration unable to support. It is now upto a federal bankruptcy court to determine Chyrslers future.
  • 36. Post-Merger Performance The deal of both of these companies fail due to unsatisfied performance after merge. Also Chrysler loose money where they thought they would profit. Also the cultural difference and failure of operation management leads to their lose The opposite management style of these companies and Daimler attempt to take over the entire organization speed up of lose. Also synergies cost & competitors reaction causes for failure.
  • 37. Mattel & The Learning Company Merger Company Profile Products History Post-Merger Performance Presented By Md. Ismail Hossain
  • 38. Company Profile Company Type: Public company Industry: Entertainment Founded: 1945, El Segundo, California Founder: Harold Matson Elliot Handler Ruth Handler Headquarters: El Segundo, California, US Website: www.mattel.com Aerial view of Mattel Headquarters
  • 39. Products: plastic dolls, toy race cars, games
  • 40. History 1945 ruth and Elliot Handler partnership called Mattel Creations, making and selling first picture frames and later dollhouse furniture. 1948 The company is incorporated in california. 1955 mattel becomes a year-round sponsor of the walt Disney television program mickey Mouse club. 1974 the handler are ousted from the company for issued false financial reports.
  • 41. Company Profile Type: Subsidiary Founded: 1980 Headquarters: Boston, Massachusetts, United States Key people: Warren Robinett (co-founder) Parent: Houghton Mifflin Harcourt Website: www.learningcompany.com
  • 43. History The original TLC was founded in 1980 by Ann McCormick, Leslie Grimm and Teri perl. They think that its an opportunity to enhance the ability to teach young children concept of math, reading science. During first four years, the founding board of directors hired and replaced four CEO as the company incurred significant loss attempt to develop in business. In 1995 TLC was acquired in by Softkey. In 1996 Softkey changed its name to the Learning Company.
  • 44. Post-Merger Performance In 1998, Mattel agreed to acqure the learning company in a stock. For stock merger valuing the company at approximately $4.2 billion. Mattel to ditch the learning company....... Mattel said today it is looking to sell its interative software unit, The Learning company which the toy maker had characterized as a distraction and blame for disappointing 1999 earnings. Mattel announced today that it has hired investment bank credit suisse first boston to help it sell or otherwise dispose of the learning compay. Mattel sold the learning company in 2000 at a loss to gores technology group. The total financial loss of Mattel to be as $3.6 billion.
  • 45. Sears & Kmart Merger Company Profile Products History Post-Merger Performance Presented By Miton Das
  • 46. Company Profile Company Type: Public Industry: Retailing Founded: 2005; 11 years ago Headquarters: Hoffman Estates, Illinois, U.S. Key people: Edward Lampert (Chairman and CEO) Website: www.searsholdings.com Hoffman Estates, Illinois, U.S.
  • 47. Projects: Off-mall format (Sears Essentials) Retails shop of Sears & Kmart. Lots of their Subsidiaries.
  • 48. History In 1886 Richard Sears starts selling watches to supplement his income as station agent at North Redwood, Minn. In 1887 Sears settles in the companys first Chicago location and hires a watchmaker named Alvah C. Roebuck. 1986 Sears celebrates its 100th anniversary. In 1993 Sears sells Coldwell Banker Residential Service and Sears Mortgage Banking Group. In 2004 Sears announced a new ad campaign, the first to features Ty Pennington, the star of ABCs smash hit, Extreme Makeover Home Edition. In 2005 Sears announced the launch of the companys newest off-mall format-Sears Essentials.
  • 49. History In 1899 Sebastian S. kresage found S.S. kresge co.It sales top $1 billion.S.S. kresage runs 915 stores, including 162 Kmarts. In1977 S.S. kresage co. changes its name to Kmart corp. In 1984 kmart purchases Walden Bool co. and Home Centers Of America. In 1991 its acquires 90 percent of OfficeMax. In Jan22, 2002 kmart files for chapter 11 bankruptcy protection.
  • 50. Post-Merger Performance The Sears and Kmart merger has unfortunately been unsuccessful for the following reason: TWO DISTINCT COMPANY CULTURES At sears, most salespeople received commissioned based salaries. Most of the coworkers worked at Sears for many years and made it their primary full-time career. Whereas in Kmart, many salespeople were paid above the minimum wage with no commissions, resulting in more employees that are younger, less experienced and working part-time. DIFFERENT CORE COMPETENCES- Searss appliances and home improvement are high-end product excellent value for money. On the other hand Kmart is a discount retailer as well as importing cheaper goods from overseas. Right after the merger, customer were worried and unsure if Kmart product were going to be introduced into Searss stores, especially in my department and appliance.
  • 51. Sprint & Nextel Merger Company Profile Products History Post-Merger Performance Presented By Farhadur Reza
  • 52. Company Profile Company Type: Public Industry: Telecommunications Founded: 1899; 117 years ago Founder: Jacob Brown Headquarters: Overland Park, Kansas, United States Website: www.sprint.com Overland Park, Kansas, United States Sprint Corporation
  • 53. Products: Wireless communications Internet services Long distance frequency
  • 54. History 1899 (Sprint Founder) - Cleyson Brown begins the Brown Telephone Co. 1975 (World Class Sprint) World's first Public Data Network is launched. 1996 (PCS Leader Sprint) First nationwide 100-percent digital PCS wireless network is completed. 2001 (Blazing Speed Sprint) Global IP network features first 10 gigabit per second transatlantic IP backbone. 2002(Fast Finder Nextel) Global Positioning System (GPS)-enabled phone (with Motorola) is an industry first. 2003 (Cable Telephony Sprint) Voice phone service in partnership with cable companies is initiated. 2004 (Double Coverage) - Nextel Wireless BroadbandSM launches and coverage area doubles in less than year.
  • 55. Company Profile Industry: Wireless Communications Predecessor: FleetCall Successor: Sprint Nextel Corporation, NII Holdings Founded: 1987; 29 years ago (as FleetCall) Founders: Brian McAuley, Morgan E. O'Brien, Peter Reinheimer, Chris Rogers, Mark Warner Headquarters: Reston, Virginia, United States Website: www.nextel.com Reston, Virginia, United States Nextel Communication, Inc.
  • 57. History In 1987, a visionary entrepreneur named Morgan O'Brien founded a company called Fleet Net. Renamed Nextel in 1993, the company rapidly established itself as a nationwide force in the burgeoning world of wireless communications. Sprint will buy Nextel Communications in a $35 billion deal that will create a wireless behemoth. The deal, announced Wednesday, combines the No. 3 and No. 5 players in the market and will produce a company with about 40 million customers, including those through affiliates.
  • 58. Post-Merger Performance On Dec 15,2004 Sprint Corporation & Nextel communication announced they would merger to form Sprint Nextel Corporation. Integrating the two companies: Added 708,000 subscriber's last quarter far below. Shareholders equity: Net income last year was $1.5 million. Today's Situation: Struggling to absorb the 17.8 millon customers it added due to the merger in 2005. $8 Billion allocated to implementing WiMax Technology.