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ummary: A merger or acquisition between companies involves a lot of changes, such as layoffs, division redundancies, or restructuring. Despite uncertainties, mergers are usually beneficial for the resulting company. Mergers occur when two companies see mutual benefits and merge their assets under a new or similar name. Acquisitions happen when a larger company buys a smaller one. In a merger, both companies become a new entity together, with their stocks merging into the new entity.