Economic Impact of Mergers- Its Motives and Consequences

Abstract

Mergers and acquisitions are growing both in numbers and deal values at a rapid rate. Research in the area of motives behind these mergers are limited, particularly in India. When various theories attempt to explain the logic of M&A transactions, many of them are not empirically tested. Here an attempt has been made to understand the motives behind the airlines M&As in India and their consequences. Results show that there is huge difference between the motives and consequences