Mergers and acquisitions (M&A) are transactions in which the ownership of companies, other business organizations or their operating units are transferred or combined. As an aspect of strategic management, M&A can allow enterprises to grow, shrink, change the nature of their business or improve their competitive position.
From a legal point of view, a merger is a legal consolidation of two entities into one entity, whereas an acquisition occurs when one entity takes ownership of another entity's stock, equity interests or assets. From a commercial and economic point of view, both types of transactions generally result in the consolidation of assets and liabilities under one entity, and the distinction between a "merger" and an "acquisition" is less clear. A transaction legally structured as a merger may have the effect of placing one party's business under the indirect ownership of the other party's shareholders, while a transaction legally structured as an acquisition may give each party's shareholders partial ownership and control of the combined enterprise. A deal may be euphemistically called a "merger of equals" if both CEOs agree that joining together is in the best interest of both of their companies, while when the deal is unfriendly (that is, when the management of the target company opposes the deal) it may be regarded as an "acquisition".
A merger, consolidation or amalgamation, in a political or administrative sense, is the combination of two or more political or administrative entities, such as municipalities (in other words cities, towns, etc.), counties, districts, etc., into a single entity. This term is used when the process occurs within a sovereign entity.
Unbalanced growth or outward expansion of one neighbor may necessitate an administrative decision to merge (see urban sprawl). In some cases, common perception of continuity may be a factor in prompting such a process (see conurbation). Some cities (see below) that have gone though amalgamation or a similar process had several administrative sub-divisions or jurisdictions, each with a separate person in charge.
Annexation is similar to amalgamation, but differs in being applied mainly to two cases:
Merger (foaled 1965 in Alberta) is a Canadian Thoroughbred racehorse best known for winning the 1968 Queen's Plate, Canada's most prestigious horse race.
Merger was bred and raced by Golden West Farms, a partnership of prominent Canadian businessmen, Frank McMahon and Max Bell.
Do do doop
Do do doop do doop da dum
Do do doop dum
Do do doop do doop da dum
Do do doop
Do do doop do doop da dum
Do do doop dum
Do do doop do doop da dum
We were as one babe
For a moment in time
And it seemed everlasting
That you would always be mine
Now you want to be free
So I'm letting you fly
'Cause I know in my heart babe
Our love will never die, no
You'll always be a part of me
I'm a part of you indefinitely
Boy don't you know you can't escape me
Ooh darling, 'cause you'll always be my baby
And we'll linger on and on
Time can't erase a feeling this strong
No way you're never gonna shake me
Ooh darling, 'cause you'll always be my baby
Do do doop
Do do doop do doop da dum
Do do doop dum
Do do doop do doop da dum
I ain't gonna cry no
And I won't beg you to stay
If you're determined to leave boy
I will not stand in your way
But inevitably you'll be back again
'Cause you know in your heart babe
Our love will never end, no
You'll always be a part of me
I'm part of you indefinitely
Boy don't you know you can't escape me
Ooh darling, 'cause you'll always be my baby
And we'll linger on and on
Time can't erase a feeling this strong
No way you're never gonna shake me
Ooh darling,'cause you'll always be my baby
(I know that you'll be back boy)
When your days and your nights get a little bit colder, oh
(I know that)
You'll be right back, baby
Well, baby believe me it's only a matter of time, time
You'll always be apart of me
And I'm part of you indefinitely
Boy don't you know you can't escape me
Ooh darling, 'cause you'll always be my baby
And we'll linger on and on
(And we will linger on and on)
Time can't erase a feeling this strong
No way you're never gonna shake me
(Ooh baby)
Ooh darling, 'cause you'll always be my baby
You'll always be apart of me
And I'm part of you indefinitely
Boy don't you know you can't escape me
Ooh darling, 'cause you'll always be my baby
(No, no)
(You and I will always be)
And we'll linger on and on
Time can't erase a feeling this strong
(You and I)
No way you're never gonna shake me
(You and I)
Ooh darling, 'cause you'll always be my baby
(You and I will always be)
Do do doop
Do do doop do doop da dum
(No way your never gonna shake me)
Do do doop dum
(No way your never gonna shake me)
Do do doop do doop da dum
(You and I will always be)
Do do doop
Do do doop do doop da dum
Do do doop dum
(No matter what you do baby)