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Study: Money Isn’t Everything

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Cash bonuses and stock options aren't the best way to ensure that top talent comes along as part of a merger or acquisition, researchers at Wake Forest University in Winston-Salem, N.C., say. Associate professors Michael Lord and Annette Ranft examined business acquisitions in software, communications, networking and biotechnology. In many cases, they said, a primary purpose of the acquisition was to acquire engineers, programmers, scientists and key marketing professionals. A common tactic for retaining those professionals is offering stock, cash and options in long-term contracts....Read full article

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