Mergers and acquisitions (M&A) refer to the processes where companies combine or purchase one 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 efficiency, expanded resources, and enhanced market presence for the involved parties.