Research Shows That Smaller M&A Deals Work Out Better
Harvard Business
MAY 9, 2018
Our data shows that from 2004 to 2014, WPP made a staggering 271 acquisitions — which averages to more than one every two weeks — 60% more than the next busiest acquirer during that decade, Google (now Alphabet). In 2004 PCC was in a poor position. It lifted its gross profit-to-sales ratio from 27% to 35%.
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