Mergers or acquisitions have become a norm for companies aiming at growth. Various companies resort to mergers and acquisition, to form strategic alliances. In majority of cases, the underlying reason for these is to guarantee long-term sustained achievement of "fast profitable growth" for the business. In today's competitive world, it is important for various companies to keep up with a rapidly increasing diversified global market and increased competition. In order to gain competitive advantage it is essential to form alliances.
A merger is the combining of two or more companies into…
