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That's why I said "ok" instead of "great" lol. sometimes it is a disaster, most of the time it's a minor loss or a break-even. when you consider that they could have just hired people and competed directly instead, it's usually a failure though.

It's a sign of executives feeling like they don't have enough control and influence over their own company to enable similar innovation and inventiveness like the competition.



Most M&A's are value destructive.




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