Which of the Following Factors Is Most Likely a Reason

Multiple Choice

Which of the following factors is most likely a reason for the failure of a merger or acquisition?

A) The size of the workforce of the acquiring firm was bigger than that of the acquired firm.
B) The new business was too far from the areas of expertise of the acquiring firm.
C) The accounting systems of both firms were different.
D) The parent firm incurred high levels of research-and-development expenditure.