How the merger game nearly killed Federal-Mogul

Sherefkin, Robert
February 2001
Automotive News;2/12/2001, Vol. 75 Issue 5916, p42h
Trade Publication
Explains how the merger game nearly drove Federal-Mogul Corp. into bankruptcy in Michigan. Purpose of the Big Hairy Audacious Goal; Failure of setting up adequate financial controls after the acquisition; Problems on asbestos lawsuits and downturns in the aftermarket.


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