Psychological Attributes of Mergers - Part 1

The reasons why mergers have a hazy, hostile or indifferent image in the minds of many otherwise rational people will not allow superficial, simple or easy explanations. As a business activity, in one form or other, mergers have been with us for a very long time, though the wider recognition of limited liability 120 years ago in the earliest general companies Act gave it impetus and acceleration. Thus, experience of mergers between companies and their impact on the participants in them have now been forming for over a century.