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Beat the Odds in M&A Turnarounds

April 5, 2019 | Martin Reeves , Lars Faeste, Danny Friedman, Hen Lotan | Strategy

While M&A deals and turnarounds are individually hard to pull off, combining the two can be even more challenging. Yet an analysis of roughly 1,400 M&A-based turnarounds between 2005 and 2018 shows that six management actions can help acquiring companies improve their odds of success. The rewards can be considerable. Successful buyers generate gains in both revenue growth and profit margins, and — most important — better returns.

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