Introduction
Acquisitions and mergers are an increasingly rapid means by which organizations use as an efficient and quick manner to diversity, expand and foray into new markets. Mergers and acquisitions are a manner in which firms make economies of scale, acquire new competencies, spread risk and globalize to dominate already existing markets and enter new markets (Verma & Verma, 2011).
Take the instance of the merger between Pixar Animation Studios and Walt Disney. It is one of the rare instances where the merger between two organizations has helped both firm to survive in the global market. Previous movies of Pixar were released ...