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“If economic conditions continue to deteriorate, more and more nonprofit leaders will likely consider the M&A option,” said William Foster, a partner with The Bridgespan Group and co-author of the study: Nonprofit M&A: More Than a Tool for Tough Times. “But our study shows that there has never been a lack of nonprofits considering M&A when under financial distress. The real gap is in the more stable nonprofits using it as tool to increase impact.”
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