Synergy Valuation: Separating Reality from Wishful Thinking in M&A
In the high-stakes world of mergers and acquisitions (M&A), the promise of synergy often becomes the golden ticket that justifies eye-watering price tags and bold strategic bets. Yet, while the term “synergy” is tossed around in boardrooms and investment reports with confidence, its actual value often resides in a grey area — somewhere be