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The primary job of a Texas company's CEO is to apply the correct values and visions to company strategies. Mergers and acquisitions are tactics rather than strategy, and the failure of executives to see that they must must fit the overall strategy leads to transactions that are unsuccessful. According to a study by KPMG, 83% of M&A deals failed to increase returns to shareholders. Entrepreneurs and company leaders can avoid the typical pitfalls by owning the values and the vision of a merger.
Aretha Franklin family still fighting over estate
Some Texas fans of singer Aretha Franklin may be aware that her family has been fighting over her estate. Franklin had four sons, but her niece has been acting as executor.
