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Mergers and acquisitions are integral to corporate growth strategies. However, the failure rate (a staggering 70% is an oft-cited statistic) casts a shadow. The key culprit? Incompatible corporate cultures. But despite the low rate of success, two facts are irrefutable: 1. Deals will continue to happen, since most large firms use M&A as a component of their overall growth strategy, and 2. Pulling off a successful deal, all the way through to integration is extremely difficult.
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