So what is the success rate on a typical merger? Academic
studies have indicated that about 70 percent of mergers ultimately destroy shareholder
value, but a new study indicates that the number is closer to 60 percent, at
least in the UK. One really interesting finding is that while an average merger
destroys value, on average mergers as a whole create value. That is, the gains
by the 40 percent of successful mergers more than outweigh the losses by the 60 percent of failed mergers. http://www3.cfo.com/article/2012/4/m-a_uk-mergers-and-acquisitions-hostile-cass-business-school?currpage=1
