1Running head: EVALUATION OF A MERGER OR ACQUISITIONEvaluation of a merger or acquisitionColumbia Southern UniversityEVALUATION OF A MERGER OR ACQUISITION2I. IntroductionI.1 DefinitionI.1.1 Merger and acquisitionMergers and acquisitions involve the process of combining two companies into one. The goal of combining two or more businesses is to try and achieve synergy - where the whole (new company) is greater than the sum of its parts (the former two separate entities).Another definition regarding to these terms is that mergers and acquisitions (M&A) prefer a general term used to describe the combination of companies or assets through various types of financial transactions, including mergers, acquisitions, consolidations, tender offers, purchase of assets and management acquisitions. The term M&A also refers to the desks at financial institutions that deal in such activity.[ CITATION ADA19 \l 1033 ]To wrap up, merger and acquisition are defined as the transactions of the corporation for consolidating their other entities, with the purpose creating the synergy or more efficient than each entity.I.1.1.1 MergerMergers occur when two companies join forces. Such transactions typically happen between two businesses that are about the same size and which recognize advantages the other offers in terms of increasing sales, efficiencies, and capabilities. The term merger