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When an Acquisition Goes Awry It's Usually Because of Culture (i4cp login required)

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When the acquisition was consummated in 2005, both Sprint and Nextel had similar market capitalizations of around $30 billion. P&G and Gillette: Getting the best of both Conversely, when Procter & Gamble announced in January 2005 that it would buy Gillette Co. Some refer to it as one of the worst acquisitions in U.S.