According to a recent study,what is the failure rate of many corporate mergers to deliver on results promised,such as cost savings and improvements?

A) less than 10%
B) approximately 30%
C) more than 50%
D) more than 75%

Corporate Mergers

The amalgamation of two or more companies to form a single entity, aimed at enhancing market share or efficiency.

Failure Rate

The frequency at which an expected outcome does not occur, often used in the context of product failures or business project failures.

Cost Savings

The reduction in expenses achieved through efficiency improvements, negotiation, or elimination of unnecessary expenses.