Are you suggesting that the mergers like Time/AOL, HP/Compaq, 
Daimler/Chrysler, etc. were not smashing successes?
Norm

P. J. Alling wrote:
> It's seldom that the results of such a merger are better than building 
> the business you already have.  Most such mergers result in 
> disappointment.  (That doesn't stop them from happening however).  A 
> classic example was  Sperry and Burroughs merging in 1986 to take 
> advantage of their "Synergy", the final market share resulting from the 
> merger was less that either one had before the merger. Most seem to work 
> out that way.  The spectacular successes, (which they are few and far 
> between), are what keep M&A groups going, but don't ask them about their 
> success ratio.
>   


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