Merger and Acquisition - A Strategic Option for Companies

Business strategy is not a finished artefact, it is a work in progress. Even if its main purpose is profit, another one is growth. Growth, as a strategic choice, can be reached either by organic growth, by strategic alliances or by merger and acquisition (they are risky because of the incompatibility of different companies). In the paper below, we analyze merger and acquisition from the juridical and economic point of view, its international implication for companies in terms of advantages and disadvantages and also, a comparison between Romanian framework for merger and acquisition and EU acquis requirements.