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Hi Fantage, the motives for M&A in the 80s were diverse, and one major reason was around management ego. Also, certain companies found it hard to grow organically (by themselves), so they acquired others to create this illusion of growth. M&A comes with the challenge with integrating the two companies, and could results in lots of lay-offs due to overlapping responsibilities. This may mean you lose some good people, ultimately leading to lower productivity. Could you perhaps share the full article? Might be easier to assist with drilling down further with the broader context.
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