Reported about 22 hours ago
Warren Buffett, CEO of Berkshire Hathaway, advises corporate leaders to recognize the potential long-term ramifications of mergers and acquisitions, referencing his 1982 letter where he stated, "If corporate pregnancy is going to be the consequence of corporate mating, the time to face that fact is before the moment of ecstasy." He emphasizes that the excitement of deal-making can overshadow the serious obligations that follow, suggesting executives should maintain a rational perspective to avoid destructive acquisitions.
Source: YAHOO