Don't be selfish

6 dumbest deals for business in 2013

Monday 30 December 2013


Business Game is a game of luck, some of which can be good, so that raises the status of the contracting companies, but there are some deals that could be considered by some... Stupid 

American site "CNN" mentioned number of bad deals, which it described them stupid , pointing out that the business game is a game of luck, it could be some good, so that raises the profile of the companies contracting, but there are some deals that could be considered by some .. Stupid. 

One of those deals that referred to the site, trying to Caterpillar's entry into the Chinese market, so the company bought drilling materials specializing in China, but this company was corrupt are inspired to foreign companies as larger than they really are.
As well as the Office Depot company announced its merger with OfficeMax, however, problem was required of who will manage the final company between the managers of the two companies, and the Governing Council decided that both of them are not eligible to receive the job, and did not lead one to assume the job. 

After the biotechnology company Persona presenting its stocks to the initial shares rose by 154% during the first month, but when the news broke that the only drug company that sells it is no different from the other, its share price fell by 70% in a single day.
And the Apax Partners Company exceeded the border when it bought again its former line of clothing for teenagers Rue21 compared to 1.1 billion dollars, but sales of this line fell by 10%, and the company faced huge debts.

And it may be one of the worst mistakes made by Microsoft, according to experts, as the technology giant to buy Nokia phones versus seven billion dollars, but that Nokia will increase the cost of 700 million dollars for expenses.
One of these deals also, what was announced by the CEO of BlackBerry, Thornstan Haynes, that the company will be for sale, but after three months the company declined from doing that , which led to the abuse of the stock of the company, and caused the loss of Haynes to his job, and the loss of 16% in shares.

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