Combination exercise questions

[Lorna Beaton]

Could those that have gone through a M&A process share with us what they consider key takeaways when considering a combination?

How many combinations have we entered over the years and what percentage were successful? 

How many unsuccessful combinations have we had. What was the main reason for their failing?

[Marie Sabatino]

Hi Lorna,

These sound more like interview questions, as opposed to questions you may not be understanding about the assignment or metrics. Have you discussed them with your assigned group? I know you said that John U was meeting with Ken B, our General Counsel who is the lead on M&As at The Fedcap Group, and these would be excellent questions for John to include in his interview with Ken.

Thanks,
Marie

[Lorna Beaton]

Yeah, we have done that. Was just thinking the first question especially would be an opportunity for those in the group that could or wanted to share in a more general sense.