Corporate communications can make or break a merger or acquisition, according to a new study of over 250 corporations, conducted by de Jager & Co. last month. Results
showed that when a corporation proactively communicates with staff, a company is two to three times more likely to experience a successful merger compared to companies that allow
the media or rumors to break the news to employees. Other findings showed that when mergers are given a long time frame to initiate (12 to 18 months from the first announcement to
the start of the merger or acquisition process), they are 150% more likely to succeed than mergers that begin within six months of the initial announcement.
(Peter de Jager: 905/792-8706)