“The problem is every management team thinks they are the smartest guys out there and have the special sauce, which we know is not true.”
Peter Georgiopoulos points out one of the most essential problems of failed M&A deals.
Stock prices and special sauce block tanker mergers
“If we put him on the trading desk anytime between when I came in 1993 and our sale in 2007, he would have been one of your best traders, if not the best.
