Yara Elmaghraby

Nour Sameh
Dina Abdelrahman
Merger & Acquisition
are defined as combination of companies. When
two companies combine together to form one
company
Shareholders of the transferor company receive shares
in the merged company in exchange for the shares held
by them in the transferor company as per the agreed
exchange ratio
Acquisition essentially means "to acquire" or "to takeover"
Here a bigger company will take
over the shares and assets of the smaller company
Reasons behind Merger
Increased Market Power
& Acquisition
Economies of scale
Increase in value
Diversification
Rapid growth
Reduction of tax liability
Lower Cost and Risk of New
Product Development
Difference between Merger & Acquisition
Successful Examples
Successful Acquisitions :
for Mergers &
Google & Android
Acquisition
Disney, Pixar and Marvel

Successful Merger :
Exxon and Mobil
 Failed Examples for
Failed acquisition :
Mergers & Acquisition
E-Bay and Skype

Failed Merger :
AOL and Time Warner
The world’s largest
acquisition :

Vodafone Group & German telecom giant

Mannesmann AG