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Introduction:

Abstract

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Table of Content

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Introduction

Growth is necessary to determine the performance and continual of any business organization. Without growth, a business can hardly attract good management to itself.

The use of merger and acquisition as a growth and survival strategy in a depressed economy like ours appears to be on the increase in recent times. This is not surprising, considering the large number of business failures and foul-ups as result of advise micro and macro economic climate.

In the face of such hostile business climate , however, some business organization that belongs to the ``wise group’’ started thinking of how to pull their resource together by the way of merger and acquisition as a survival cum growth strategy.

Business merger and acquisition has played ad important role in the growth and survival of many firms in Europe, USA, and Nigeria. But before venturing into such a gargantuan adventure, financial managers should view it as organization or employers.