Summary: Gerald Adolph, Senior Partner of Strategy& and leader of the firm's global merger and restructuring practice, explains why mergers are more successful today than over the past decade, when one-half to two-thirds of them failed. Adolph attributes the change to a jump in the number of consolidation deals (rather than strategic deals), better pre-merger planning, and greater oversight from key stakeholders. Originally published as: Why mergers are more successful today than over the past decade, Booz Allen Hamilton, 2006.
