Abstract
The significance of mergers and acqmsltions is undergoing change since liberalization in India. The MRTP Act and FERA have been amended paving way for large business groups and foreign companies to resort to the merger and acquisition route for growth. Further, the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997, have been notified. Exit policy would be a step further towards the logical conclusion of liberalization process. All these are likely to change the approach for corporate growth in India. In this article, Dhawal Mehta and Sunil Samanta explain the types of mergers and acquisitions and classify specific cases of mergers and acquisitions. They further suggest areas for future research.
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