The Best Acquisition of the 21st Century
Business students know the risks of mergers and acquisitions.
There are no perfect numbers on the issue, but according to Harvard Business Review, between 70% and 90% of M&A deals fail. Blockbuster collapses are well known. Among them are Time Warner and AOL, which joined in a $165 billion merger that unraveled when the internet bubble burst, and Hewlett-Packard's (NYSE: HPQ) $87 billion merger with Compaq, which led to years of underperformance in the personal computing industry.
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Source: Fool.com