Comcast had been planning to purchase time warner for $45 million as a merger.
What is a merger?
- Mergers and acquisitions (M&A) are transactions in corporate finance in which ownership of corporations, other business organizations, or their operating units is transferred or merged with other entities.
- M&A, as a component of strategic management, can enable businesses to grow or shrink, as well as change the nature of their business or competitive position.
- A merger is a legal merging of two entities into one, whereas an acquisition occurs when one entity acquires another entity's share capital, equity interests, or assets.
Therefore, Comcast had been planning to purchase time warner for $45 million as a merger.
Know more about mergers here:
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