A merger is said to have been formed when two companies perform joint operations as a single business entity. Mergers are formed to enhance the operational capacities of the business entities and to pool the resources of two companies (Chiriac, I., 2011). There are many mergers which have proved to be unsuccessful and have caused the businesses to file bankruptcies.
Merger of Walt Disney and Pixar
The two entertainment industry giants Walt Disney and Pixar merged with each other in 2006 after Disney paid $7.4bn for buying shares in Pixar and forming the merger. The merger of Walt ...