the.com/merger

Two companies marry, the spreadsheets vow forever, and someone always loses their job by spring.

Failure rateRoughly 70-90% destroy shareholder value
SynergyCorporate code for upcoming layoffs
AOL Time WarnerLost $99 billion, still the worst ever
Mega-dealsTrillions spent yearly chasing the same dream
Culture clashKills more mergers than bad math does
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