Consulting » Extraordinary Items – Not doing it by the book – their own book.

Extraordinary Items - Not doing it by the book - their own book.

Which of the following sentences came from the KPMG/E&Y press release announcing that their merger is off, and which came from KPMG's 1997 guide on how to pull off a successful merger?

(a) “The regulatory process … would have taken many months …” (b) “… the transaction had taken longer than expected …” (c) “… consideration of the corporate culture should ideally be carried out as part of the earliest stage of the transaction.” (d) “… potentially considerable disruption to client service …” (e) “The costs and resources required to merge the cultures of the two firms have made the proposed merger impractical.”

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