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A merger is a business deal where two existing, independent companies combine to form a new, singular legal entity. Mergers are voluntary. Typically, both companies are of a similar size and scope and both stand to gain from the transaction.
Merger means that two companies have joined hands and decided to proceed as one firm. It indicates that the CEOs of both companies have mutually agreed to ally. The structure of mergers depends on the relationship between two parties, but they include vertical, horizontal, conglomerate, and rollup mergers.
A merger is an agreement that unites two existing companies into one new company.