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It is a fairly well known fact in the business community that the majority of mergers and acquisitions are a failure when it comes to increasing shareholder value, benefiting customers or any of the other metrics that are used to judge the "success" of an acquisition. Whenever you read a news story about some startup being acquired or two large companies merging, there is a greater than 50% chance that the resulting product or company will be of less value to customers and shareholders than if the deal had never happened.