MERGES &

ACQUISITIONS
(M&A)

Made by Julia Uchanina

WHAT IS IT?

Mergers and acquisitions

(M&A) is a general term used to
describe the consolidation of
companies or assets through
various types of financial
transactions, including mergers,
acquisitions, consolidations,
tender offers, purchase of
assets and management
acquisitions.
TYPES OF MERGES AND ACQUISITIONS

Merger - the union of two or more business Tender offer - offer to purchase the
1 after which the acquired company ceases 4 outstanding stock of the other firm at a
to exist and becomes part of the acquiring specific price.
company.

Acquisition ‒ type of M&A when the

acquiring company obtains the majority Acquisition of Assets - acquiring the
2 5 assets of another company.
stake in the acquired firm, which does not
change its name or legal structure.

Consolodation - the union of two or Management Acquisition ‒ a deal when

3 more business which creates a new
6 company's executives purchase a controlling
company. stake in another company, making it private.
DISNEY S LARGEST
MERGERS AND
ACQUISITIONS

Today, the company is

fighting off false
accusations of being a
monopoly due to becoming
the No. 1 box office leader in
all of entertainment. This is
largely the result of Disney
growing its blockbuster
business through a number of
savvy, branded acquisitions
over the last 15 years.
 PIXAR
The deal marked one of the first
2006 major moves of CEO Bob Iger s tenure.
The deal was largely motivated by
Iger s stated desire to acquire and create
$7.4 brand-name content for Disney
billion consumers at a time when Disney s in-
house animation division was desperate
for a hit.
Since the deal closed, Pixar has
released 15 movies under Disney for a
worldwide gross of more than $10 billion.
 MARVEL
The move gave Disney control over
the fledgling Marvel Cinematic Universe
2009
and a library of 5,000 characters.
Marvel s brand and its treasure
trove of content will now benefit from
$4
our extraordinary reach, Iger said at
billion
the time.
Since the deal closed, Marvel has
released 21 movies under Disney for a
worldwide gross of more than $21
billion.
 21st
CENTURY
FOX
The move marked a peak in media
2019 entertainment consolidation as Disney
gobbled up a near 100-year-old storied
studio.
$71.3 This is an extraordinary and historic
billion moment for us, Iger said in a statement at
the time.
The acquisition was largely driven by
Iger s desire to better position Disney as a
direct-to-consumer force against the
Netflixes of the world.
REFERENCES
- Mergers and Acquisitions ‒ M&A // investopedia.com URL:
https://www.investopedia.com/terms/m/mergersandacquisitions.a
sp
- The 4 Strategic Decisions That Put Disney Back on Top //
observer.com URL: https://observer.com/2019/12/walt-disney-
birthday-pixar-marvel-star-wars-fox/
- Examples of Most Successful Company Mergers and Acquisitions
of All Time // dealroom.net URL:
https://dealroom.net/blog/successful-acquisition-examples