The combining of two or more entities into one, through a purchase acquisition or a pooling of interests. Differs from a consolidation in that no new entity is created from a merger.

Use merger in a sentence

Some reasons why companies may complete a merger include the ability to combine complementary strengths and weaknesses, diversification of operations, and a greater market share due to an increase in size and elimination of competition.

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cash in lieu (CIL) cost synergy