I remember a former boss many years ago telling me that acquisition deals were a lot more about the personality of CEO's and their aspirations than they were about the numbers.
Genzyme deal dragged out as rival CEOs battled - The Boston Globe.
This article from the Globe gives a little more insight into the personal style and motivations of Genzyme's Termeer and Sanofi's Viehbacher as they slowly crafted their understanding which resulted in Sanofi's purchase of Genzyme last week.
Posted by Bruce Lehr Feb 21st 2011.
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