Anyone fortunate enough to have read my novel, Sister Sisteron, will have discovered my opinion about mergers and acquisitions "bankers". These guys destroy companies for personal gain. Their favorite phrase is economies of scale, which is a euphemism for destroying jobs and livelihoods.
I have been involved in acquiring and attempting to merge another large company. After the M&A guys and lawyers had left with their bags of money, the two organizations had to figure out how to work together. Even the best intentions do little good: some things can't be combined to produce gold. Attempts at alchemy have proved this. And, just as the most-promising marriages seem perfect, too many end in messy, expensive divorce.
But, the M&A guys have a solution, from which they can profit again: spin off the acquired company...even at a loss, if not always at a loss. No one mentions the lost jobs, lost productivity, or lost corporate income. It's easy to convince top management to follow this route, because it will guarantee another annual bonus.
Of course, people are too busy focusing their anger on investment bankers to notice this insidious sideshow in the game
Prior to writing novels, the author enjoyed a multifaceted career: from decorated combat aviator to advertising professional to global communications director of a major consumer brand. He has traveled the world and met sports, film and television stars, political leaders, and royalty. He graduated from Middlebury College, is married, lives in Germany, and has two grown children.