Question: A primary reason for why mergers and acquisitions fail is due to the: Differences in culture, like dissatisfied employees and low morale, differences in management

A primary reason for why mergers and acquisitions fail is due to the:
Differences in culture, like dissatisfied employees and low morale, differences in management styles and other operational hurdles
The creation of effective integration plans to produce highly satisfied employees
Creating better communication programs to help with management-worker relations.
Executional details of the merger and not because of any people or culture issues
The manner in which the merger/acquisition was announced

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