MANY FIRMS ARE IN MERGER TALKS THIS SUMMER

 Allan Koltin, of PDI Global [1], shared some helpful information about issues that can make or break a successful merger at the Association for Accounting Administration National Practice Management Conference last week in New Orleans.

Here's Allan's Top 10 Reasons Why Potential Mergers Didn't Happen:

1. Firm name
2. Governance/Accountability
3. Ego
4. Culture, culture, culture!
5. Too many people can say "No"
6. The myths are stronger than the reality.
7. Worried about perceived risk
8. Compensation programs too dissimilar
9. Other firm did a better job of selling "their franchise"
10. Financial terms

"A happy marriage is a long conversation which always seems too short." - - Andre Maurois