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Originally posted by dd74
It didn't work for Time-Warner/AOL, i.e. the worst merger in the history of business.
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That's another good one!
I'm convinced the only mergers that make sense are when two small or mid-size companies merge. When two behemouths merge, it usually takes years to sort out what really needs to happen, and by that time it's too late.
Case in point: Bank of America. They are still running the original software that each bank they bought up originally ran. Sure, they've put a screen-scraper front end on it so it looks the same, but it doesn't work.
It will be DECADES before the mega-banks are running one back-end software package....