Some mergers never make it

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In 1956, then French Prime Minister Guy Mollet proposed a full-blown political merger between France...

In 1956, then French Prime Minister Guy Mollet proposed a full-blown political merger between France and the UK. As any investment banker toiling late into the night in the mergers and acquisitions department will know, the most interesting deals are those that never quite made it. A merger of the UK and France in the 1950s would have twisted post-war Europe into a very different shape. The trouble is, it would have been a disaster. History probably has few more lucky escapes than that one. The proposal was simple enough. Mollet was a fervent believer in European unity. He came from the s...

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