Asked by Sabrina Mitchell on May 19, 2024

verifed

Verified

What was one of the key factors that resulted in the successful merger of Rogers Communications Inc.with Fido?

A) Rogers ensured no job losses.
B) Rogers set up an intranet site.
C) Rogers paid a premium for Fido.
D) Rogers monitored the merger's progress.

Successful Merger

The process wherein two or more companies combine effectively, realizing synergies to achieve enhanced performance and value.

Rogers Communications

A Canadian communications and media company that operates primarily in the fields of wireless communications, cable television, telephony, and Internet connectivity.

Job Losses

The elimination of positions within a company or economy, often resulting from downsizing, automation, or economic downturns.

  • Identify the factors contributing to the success or failure of mergers and acquisitions.
verifed

Verified Answer

SD
Spooky DookieMay 22, 2024
Final Answer :
B
Explanation :
Setting up an intranet site allowed for effective communication and collaboration between employees of both companies during the merger process. It helped to ensure that all necessary information was shared and that everyone was on the same page, ultimately contributing to the successful merger. The other options may have had a role in the merger, but they are not as strong of a factor as the effective communication facilitated by the intranet site.