Abstract:
In the changing economic scenario, mergers and acquisitions are likely to emerge as an important strategy In the Indian corporate sector. Understanding the process of merger/acquisition therefore becomes important to ensure success of the strategy. This paper highlights the. managerial tasks involved for achieving higher levels of integration, which help In realising the unique managerial challenges Involved. the sources of these challenges emanating from the context of merger/acquisition. The paper also proposes a model for enhancing the understanding of the determinants of the ex-post performance of acquisitions and mergers.