Financial Times FT.com

Takeovers and mergers: Technology tangles when businesses combine

By Ross Tieman

Published: January 27 2009 16:52 | Last updated: January 27 2009 16:52

As the global financial storm becomes an economic winter, emergency takeovers have become the order of the day.

The acquisition of Wall Street investment bank Bear Stearns by JPMorgan Chase 10 months ago – like the insolvency of its rival Lehman Brothers last September – helped define the global scale of the current economic crisis.

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