Earlier this year, Fiat, the Italian car maker, completed the purchase of its American rival, Chrysler. The
merged company, Fiat Chrysler Automobiles will become the world’s seventh largest auto maker. Mergers on this scale are considered by those involved to bring many benefits. However, large-scale company mergers are notorious for not achieving the benefits planned. Analyse the arguments put forward in support of mergers between major companies and assess why they are often difficult to achieve in practice
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