6 Worst Corporate Mergers Of All Time


BANGALORE: Usually companies merge to expand the business and to make a great hold in the market. A successful amalgamation can make the companies the biggest dealers but in case if the merger fails, both the organizations fall like never before. They end up losing huge money, reputation in market and sometimes the biggest resource of manpower.

Here is a list of a few biggest acquisitions and mergers of all time:

Mattel and The Learning Company:

In 1999, Mattel tried to strike into the educational software market by scraping up almost-bankrupt The Learning Company. This acquisition was intended to broaden Mattel's product line and help Mattel sell more products but TLC began reporting unexpected losses before the deal was even completed.

Less than a year later, The Learning Company lost $206 million, taking down Mattel’s profit as well. Mattel witnessed loosing $1.5 million daily and the stocks kept dropping. Ultimately, Mattel sold the company to The Gores Group, LLC for a share of future profits in 2000.

The deal was split but Mattel had to cut short the cost and laid off 10 percent of its employees.

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