Strategy Session: Why half of all mergers destroy shareholder value

Friendship barnstar

The February 2013 Strategy Session (Alberta Venture) is all about evaluating acquisition opportunities. Title: Why half of all mergers destroy shareholder value–and how you can ensure you’re in that other half.

Featuring:

David Sparrow, partner with the financial advisory and corporate finance groups at Deloitte in Edmonton

Brett Herman, president and CEO of TORC Oil & Gas Ltd., and

Trent Yanko, president and CEO of Legacy Oil & Gas Inc.

If you take away only one thing from it all:

“The idea is not to pay for it all,” [Trent] Yanko says. “We are looking for things that are accretive – augmentative – that make the company better and stronger. And if we can continue to build and generate cash flow while building more cash flow, it’s a win-win all around.”

Full text at Alberta Venture.