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However, internal expansion usually involves a longer period of implementation and greater uncertainties, and sometimes, raising adequate funds is problematic. A merger or an acquisition obviates, in most of the situations, finance problems as payments are normally made in the form of shares of purchasing company. Further, it also expedites growth, because the merged/ acquired company already has the products or facilities that are required.
Merger-mania has struck Wall Street. Nearly every sector of the world economy has been affected by the recent wave of mega-mergers, which have included NATIONS BANK, BANK OF AMERICA, BOEING, McDONNEL-DOUGLAS, AOL, TIME WARNER, EXXON and MOBIL to name a few...
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