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                    History
                
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                3 / 709             | 
        
                
    
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Mergers and acquisitions both give the benefits of accelerated growth through expanding in the existing markets or entering into new markets, enhanced profitability through economies of scale, operating economies and synergy of operations, diversification of risk and reduction in tax liability.
Acquisitions may be defined as an act of acquiring effective control over the assets or management of a company by another company without any combination of businesses or companies...
        
        
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A substantial acquisition occurs when an acquiring firm acquires substantial quantity of shares or voting rights of the target company. Thus, in an acquisition, two or more companies may remain independent and separate legal entity, but there may be change in the control of companies. When an acquisition is a forced or an unwilling one, it is termed as a takeover...
        
        
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            General points of the essay
            
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