Mergers and Acquisitions (M&A) Guide - Combining Companies - Shopify
Briefly

The goal of M&A is to achieve synergy, where the new company is greater than the sum of its individual parts.
Mergers typically occur between businesses of similar size that recognize mutual benefits in increasing sales and efficiencies.
Acquisitions involve one company buying another, often merging distinct operations, with relationships varying from friendly to hostile based on acceptance of the change.
Benefits from M&A include improved economies of scale, increased market share, enhanced distribution capabilities, and reduced labor costs through redundancy elimination.
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