Eugene Miller, meanwhile, liked retail, consumer lending. It took multiple restructurings until that deal worked. Delphi seating operation. GM is a mega-public company with an infrastructure that has a lot more fat than Lear. Lear has to be lean and mean and scrap for customers.
Top executives say a deal works when the acquisition fits specific needs.
Like certain geographic or strategic goals. Federal-Mogul Chairman, President and CEO Richard Snell said his company s deals work when they fit at least two of the auto supplier s three acquisition goals. They must expand our current base toward systems and modules. They must fill in an area for us globally, like in South America. All of our deals hit two of those.