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Most High-Profile Mergers Left Consumers Feeling Dissatisfied Two Years After They Happened...
CHG. IN CUSTOMER SATISFACTION
Charter Comms AT&TBroadband Assets -12.7% -4.7% Does its best to satisfy customers
Qwest US West -12.5 -1.4 Dramatically improved its service last year
BP Amoco -8.4 -3.8 Company surveys show customer satisfaction is now higher than before the merger
First Union Core States -8.1 -2.8 Paid high premium and moved too quickly to consolidate operations
SBC Ameritech -7 -4.1 Company surveys show quality of service is better than before the merger
Dillards Mercantile Stores -6.8 0 Declined to comment
Exxon Mobil -6.3 -3.8 Company surveys do not show a decline in customer satisfaction
Bank One First Chicago -5.7 -2.8 Operations were not integrated for years and branches were closed
Worldcom MCI -5.4 -4 Almost every carrier had a merger that affected customer service
J.C. Penney Eckerd -3.8 -1.4 Diverted focus from fixing department stores; failed to dominate drug retailing
AT&T Tele-Communications -2.7 -4.1 Declined to comment; sold the assets
Kroger Fred Meyer -2.7 0 Success overall; understand must satisfy customers every time they shop
Unilever BestFoods -2.4 -2.4 Declined to comment
Kraft* Nabisco -1.2 -1.2 Declined to comment
...And Many Didn't Improve Consumer Sentiment...
Hewlett Packard Compaq 0 +4.2 Recent internal surveys show a rise in customer customer satisfaction
Daimler Chrysler 0 +1.3 Fluctuations in customer satisfaction are not merger-related
Pepsi Quaker 0 +1.2 Customer satisfaction scores are not merger-related
Comcast AT&T Broadband 0 0 Service disruptions in the short-term are necessary for a better product
Albertsons American Stores 0 0 No comment
Hilton Promus 0 0 Customer satisfaction is now higher than before the merger
Ford Volvo 0 0 Customer satisfaction is merger-related
Bell Atlantic GTE 0 -1.4 Bell Atlantic took advantage of the best practices and people
Nations Bank BankAmerica 0 -2.8 Company surveys show customer satisfaction has been improving ever since the deal
SBC Pacific Telesis 0 -3.9 Company surveys show quality of service is better than before merger
...While A Few Created Better Feelings
First Union Wachovia +10.6 +5.6 Focused on retaining customers and took more time to integrate
Nestle Ralston Purina +3.7 +1.2 Quickly introduced new and improved products
Bell Atlantic NYNEX +1.4 -3.9 Bell Atlantic took advantage of the best practices and people
General Mills Pillsbury +1.2 -1.2 Quickly extended PR push for Pillsbury lines
*Kraft is 85% owned by Altria which merged Nabisco into it.
Data: University of Michigan Customer Satisfaction Index, Thomson Financial Corp., Companies