Fools Rush In: 37 Of The Worst Corporate M&A Flops
CB Insights
OCTOBER 29, 2018
When mobile phone company Danger Inc was created in the heady days of 2000 with execs from Apple, Phillips, and WebTV, it looked like a leadership dream team. That skyrocketing popularity is likely what made Rupert Murdoch’s News Corp think it was worth spending $580M to acquire the social network. Date: April 15, 2008. Price: $500M.
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