70% of M&As reportedly fail (Christenson et al., 2011). 1) Describe an example of a successful merger or acquisition. Why was it a good strategic move? 2) Why do so many M&As fail? 3) Under what conditions is it wise to carry out a merger or acquisition? 3) How can firms enhance their capabilities for completing M&As effectively?

May I get some recent successful merger or acquisition? And answers to those questions? Thanks!