● In many literature or text, various terminologies are used for merger, amalgamation and acquisition thereby causing confusion in the minds of observers. Mergers & acquisitions (M&A), in the broad sense, may imply a number of different transactions ranging from the purchase and sales of undertakings, concentration between undertakings, alliances, cooperation and joint ventures to the formation of companies, corporate succession ensuring the independence of businesses, management buy-out and buy-in, change of legal form, initial
public offerings and even restructuring