We've taken a conservative approach in our valuation assumptions, including continued erosion of the home entertainment market, and we expect this acquisition to create valuefor our shareholders.
"Our results this quarter demonstrate the ability of our colleagues to deliver solid operational performance in a challenging environment as well as to extract valuefor shareholders from the acquisition of Wyeth, " Kindler said.
And SuccessFactors CEO Lars Dalgaard has offered compelling reasons about why he feels the deal with SAP will offer greater value to customers: The Top 10 Reasons for SAP Acquisition from SuccessFactors CEO Lars Dalgaard.
Yet even when loss of shareholder value is a long-term consequence of the acquisition, the company executives responsible for the misjudgment usually remain unscathed.
For details see Verizon Would Have a Tough Time Acquiring Netflix which talks about why an acquisition at stated value is unlikely, be it by Verizon or another potential suitor Amazon.
One of the keys to creating value from an acquisition however is to integrate the two companies in a way that makes it easy for people to do business both internally and with customers.