A merger is popularly understood to be a fusion of two companies. Acquisition denotes a company so that the acquirer can have management control over the other firm. The horizontal, (b) vertical, (c) market extension (d) Conglomerate and (e) Consolodation. The lieralisation process underway in India has significantly contributed to the increase in the merger and acquisition activities in the corporate sector. Following the Government policy of delicensing, ...