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ummary: In the event of a merger or acquisition, various changes occur such as employee layoffs, division redundancies, and business asset restructuring. Mergers can lead to uncertainty but are typically beneficial for the resulting single company. Mergers happen when two companies see mutual benefits, leading to forming a united company. In acquisitions, the larger company buys the smaller one. Ultimately, both companies become a new entity together, merging their stocks in the process.