What does merger mean?
The act of combining two or more companies, organizations, or entities into a single entity, or the result of this process. A merger can be a strategic move to increase market share, reduce costs, or improve efficiency.
Example
"The merger between the two tech companies resulted in a new entity with a combined market value of over $100 billion."
Reviewed by Deb Chak, Editor. AI-assisted content curated by RJS Tech Solutions LLP.