By February 2002, it was apparent that, by all metrics, Tata Tea's acquisition of Tetley was not going well. Tetley's failure to meet the required cash-flow targets and the high debt burden forced Tata Tea to make some changes. The B case highlights some of the steps taken by the newly appointed...

Cisco Systems' relentless pace of acquisitions between 1993 and 2000 ground to a halt in 2001: Cisco bought only two businesses that year. By September 2002, it had acquired Hammerhead Networks and Navarro Networks for $258 million in stock, and planned to buy Andiamo Systems for up to $2.5...