Mergers and Acquisitions (M&A) refer to the processes where companies combine or one company purchases another. A merger occurs when two companies agree to join forces to create a new entity, while an acquisition happens when one company buys another, taking control of its operations. M&A can help businesses grow, enter new markets, or gain competitive advantages. These transactions often involve complex negotiations and financial assessments. Companies may seek the expertise of investment banks or legal advisors to navigate the process. Successful M&A can lead to increased market share, improved efficiencies, and enhanced profitability for the involved parties.