Abstract
Integration is the key acquisition process. In this chapter, we reject the conventional idea that integration is a unitary concept and process. We trace the evolution of this construct by identifying fragments, layers, actors, and mechanisms that together make up the integration process: Integration is not one but many processes, involving sometimes competing priorities and time horizons. We also critically analyze limitations in existing typologies that do not account for the spectrum of integrative solutions companies may rely upon. In addition, we place the integration within a broader set of change processes, such as corporate restructuring strategies or crises, which merging companies may undergo conjointly with the integration. This sheds new light on the dynamics of post-acquisition integration, outlines the importance of managing dualisms, and identifies the integration leadership as crucial to achieve a balance among conflicting priorities.
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Meglio, O. (2020). The Notion of Integration in Merger and Acquisition Research. In: Mergers and Acquisitions. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-40459-8_5
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