1. How can an acquisition create value for the combined entity's shareholders but not for the acquirer's shareholders?

2. What are the pros and cons of measuring the success or failure of an acquisition by immediate stock price reactions to its announcement?

3. Describe the six acquisition archetypes that often create value for an acquiring firm in an acquisition. Based on situations with which you are familiar, rank these archetypal strategies from easiest to hardest to plan and execute.