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"Seventy percent of strategic alliances fail or fall short of expectations,"
McKinsey and Company
Coopers and Lybrand
By 2005, 80% of manufacturing
and 50% of services enterprises with sales of more than $1 billion
will depend on strategic alliances for greater than 50% of the value
they deliver to market.
"Only fifteen percent of mergers and acquisitions in the US achieve their financial objectives, as measured by share value, return on investment, and post combination profitability."
The American Management Association