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M&A STORIES - The Good, The Bad and The Ugly
These M&A War Stories podcasts are for anyone engaged in M&A or Divestment activity. Every week your hosts Robert Heaton & Toby Tester, along with special podcast guests, will draw on their past M&A experience through case studies and what hopefully will prove to be interesting stories. By chipping in with our own thoughts and experiences our aim is that all of us professionally involved in M&A – CEOs, CFOs, Executives, Consultants and Advisors, get that little bit better next time round.
M&A STORIES - The Good, The Bad and The Ugly
REVISITING HP'S DISASTROUS ACQUISITION OF AUTONOMY
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Robert Heaton & Toby Tester
You might remember in a previous podcast towards the end of 2021, that Robert and Toby discussed HP's disastrous acquisition of Autonomy and the huge accounting scandal that unfolded. Well, the reality is that repercussions are still being felt more than 10 years later and there are criminal prosecutions that have resulted in a jail term for the CFO. Added to that, a recently approved application should see Autonomy founder Mike Lynch extradited to face charges in the US. He's fighting the extradition as we speak, but if a trial goes ahead he is almost certain to face a prison sentence.
Let's join the podcast and get a recap from rob and Toby and perhaps give some thought to whether more white-collar crime should be prosecuted?
