The merger with peter lundgren and stanley ashton

The merger of Morgan Stanley and Dean Witter is a good example of selective integration. Although they are cousins in the securities business, they are distant cousins, with vastly different cultures.

When I got in, he was so excited he actually jumped up and gave me a big bear hug. How much do they pay for it? As enticing as the benefits may have been for Morgan Stanley, its motivation was also defensive, said Ken Fisher, chief executive of Fisher Investments in Woodside, Calif. They based their approach to integration on their shared investment thesis-to broaden product scope and gain revenue from cross-selling in just a few key business units.

It was a complicated deal, and I had just come back from business school. The stage is now set for the combined firm to directly challenge Merrill Lynch, which had been the only U.

Dean Witter to Buy Morgan Stanley in $10-Billion Deal

What we need is your creativity at solving problems. One I personally enjoyed was for a large drug distribution company.

It continued to operate pretty much as it always had. Executive Director, Investment Banking How did you come to finance? Like surgeons in the medical profession, investment bankers--especially merger-and-acquisition specialists--consider themselves the gunslinger elite of the business, with pay, perks and even jargon that set them apart from mere brokers.

Today, I still work with math; I just use it to help clients make their ideas a reality. In school I had an amazing science teacher so I decided to study Physics. When does your division get involved in these deals? Deals that enhance the scope of a core business will need to be integrated only in discrete areas.

Is it a good idea? Just on a grander scale! He was the head of my group, but he really cared. Does your Physics background inform your work now?PaineWebber has been the source of intense merger speculation in recent days, with rumored suitors including BankAmerica Corp.

and--ironically--Morgan Stanley. (BankAmerica and PaineWebber have each denied having any such discussions with the other.). View Peter Prunty’s profile on LinkedIn, the world's largest professional community. Peter has 7 jobs listed on their profile. See the complete profile on LinkedIn and discover Peter’s Title: Executive Director at Morgan.

After the merger the two companies became one but acqusition is different than merger because in the acqusition the firm which acquiries the other Peter Lundgren wants a subjective process in choosing the managers in the executive level of the merger.

He preferred making personnel decisions based largely on gut instinct. Stanley Ashton, on. Jun 03,  · Former Morgan Stanley Deal Makers Reunite on Exchange Merger.

When Peter A. Weinberg was chief executive of Goldman Sachs International in. The merger of Morgan Stanley and Dean Witter is a good example of selective integration.

Morgan Stanley paid $10 billion to merge with Dean Witter informing MSDW. Pundits widely predicted friction between the two Wall Street giants.

Then someone from Morgan Stanley called my college and said, “Give me the names of four smart people who don’t study finance.” My name was one of them.

Stanley, Black & Decker in Deal Download
The merger with peter lundgren and stanley ashton
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