The Challenge
It's a frequently recurring theme of late. CNC and ALG were very excited to be getting married. The ceremony occurred with great fanfare. Two years later, observers sadly declare the union a failure and watch as the players struggle to pick up the pieces.
Today, businesses equate growth with success. And mergers and acquisitions are a major strategy for achieving growth. However, informal analysis suggests the success rate of mergers and acquisitions is less than 50%. What makes one combination work and the next fail? Careful thinking, thorough analysis and planning, planning, planning!
