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Research Shows That Smaller M&A Deals Work Out Better

Harvard Business Review

The myth that 75% of all mergers fail has long been dispelled. WPP began the period in the middle of the pack, with an average economic profit of $8 million, but ended with a top-quintile-worthy $677 million and saw an 11% compound annual growth rate (CAGR) in total shareholder return over the decade. miragec/Getty Images.

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