Definition: A merger is when two companies consolidate together to create a new firm. Mergers allow companies to expand their market, lower cost through economics of scale, and sometimes enjoy better negotiating power with vendors.
By Joshua Kennon, About.com
Start your new business on the right foot with these helpful tips. More >
Easy steps to take control of your credit card debt. More >
©2009 About.com, a part of The New York Times Company.
All rights reserved.