While I am certain there are a few examples of a successful transaction, with just a little research anyone can spot numerous failures with this practice with some shady characters pushing the stocks.
FORBES: Fraud In Chinese Reverse Mergers on American Exchanges -- And We're Surprised?
This probably has investors skeptical as to whether such a transaction will be successful.
FORBES: A Buyout in the Cards for American Greetings?
"We look forward to the successful completion of the proposed transaction".
BBC: Cairn Energy sells 10% stake in Cairn India to Vedanta
The journalist refused to do this but had no doubt that the transaction would have been successful.
CENTERFORSECURITYPOLICY: Center For Security Policy
Their contracts include transaction fees if they are successful in bringing the Clearwire situation to a happy conclusion.
FORBES: Smoke Clears Around Clearwire
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