According to Hubbard,Rice and Galvin,the Coles acquisition and later divestment of Myer was an example of:
A) a value-accruing transaction for both organisations
B) an effective turnaround process
C) a misaligned cultural fit that eventually led to divestment
D) all of the above

Question

Quizplus · Accepted Answer

According to Hubbard, Rice, and Galvin, the Coles acquisition of Myer resulted in a misaligned cultural fit between the two organizations, which eventually led to the divestment of Myer. Therefore, option C, "a misaligned cultural fit that eventually led to divestment" is the best choice. Options A and B are not accurate as the article doesn't mention them as the reasons behind the acquisition and divestment of Myer.

According to Hubbard,Rice and Galvin,the Coles Acquisition and Later Divestment