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To tie the knot or not? - język angielski Lekcja 17.
Mergers and Acquisitions (M&A) are important actions taken by companies. They may decide on the existence or disappearance of a company from the corporate world.
Not surprisingly, these actions often make headline news as deals can be worth hundreds of millions, or even billions, of dollars. A merger means that two previously separate organizations are combined into a third new entity. An acquisition involves the purchase of one organization by the new parent firm. M&A activity is characterized in the academic literature as an “organizational marriage”. That is why we use typical marriage expressions like ‘tying the knot’.
The reasoning behind M&A is that two companies together are more valuable than two separate companies. When times become tough and companies realize they cannot survive on their own this deal proves to be particularly alluring. Strong companies that decide to buy other companies will create a more competitive, cost-efficient company. Additionally, companies will come together hoping to gain a greater market...
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