Merger and Acquisition in Corporate Finance

This study explores the concept of merger and acquisition in corporate finance, focusing on its impact on industries. It discusses industry anticipation, mode of payments, corporate control, and wealth effects. The study also analyzes the payment modes and the preferential tax treatment in merger and acquisitions. It provides insights into the wealth effects of corporate control activities and the higher takeover premiums paid in cash transactions. Overall, it offers a comprehensive understanding of the merger and acquisition process in corporate finance.