In 2005 Sprint Corp. acquired Nextel Communications at a cost of $35 billion. The combination of the two U.S. based companies resulted in the third largest telecommunications company. While Nextel had a strong reputation for its services to businesses, Sprint was unfortunately known for poor customer service. The two companies had very different management styles, Nextel was entrepreneurial and Sprint was bureaucratic. Which of the following statements is most likely true? (Points : 2)

The merger failed because it is inadvisable to combine two very large organizations that have different styles

The merger failed because of language differences, differences in accounting standards, and differences in culture

Mergers between organizations in the same country only have to contend with financial and economic factors, not differences in corporate culture

Mergers involving domestic organizations have some of the same considerations as mergers involving foreign organizations