In this final episode of our 3-part series, J. Neely, a Partner at Strategy&, builds on the concept that coherence is the new scale in M&A by exploring transactions where this was achieved. He analyzes four specific consumer products deals driven by the concept of coherence, including well-known transactions such as Wrigley/Mars, to understand how each was successful and what lessons they might provide for the future. Note: This podcast was originally published by Booz & Company in 2010.