November 2017 Vol. 5 No.4

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Original Research Article

Mergers and Acquisition as a Strategy for Corporate Survival in Troubled Economy

Dr. Babangida Muhammad Musa, Ibrahim Ahmed^* and Haruna Dadum Hamza

Department of Business Administration, Faculty of Arts and Social Sciences, Gombe State University, Nigeria

*Corresponding Author's E-mails: bmmusa0019@gsu.edu.ng
ibrahmedukh@yahoo.com

Accepted November 06, 2017

Abstract

The global economic environment is dynamic and unpredictable. Enterprises operating in the troubled economies like Nigeria and other developing nations faced stiff competition from the companies in the developed economies that have adequate capital, infrastructures, techno-logy, and technical know-how. This study examined mergers and acquisition (M & A) as a strategy for corporate survival in this globalization era. The study employed the case study analysis as the methodology of the study. The result revealed that M & A is an important strategy for corporate organizations in Nigeria to compete favourably in regional, continental as well as the global market. There is need to sensitized corporate organizations on mergers and acquisitions and its’ importance to their growth and survival. Government and its regulatory agencies should organized seminars, workshops, and symposia for corporate organizations be it small, medium and large enterprises on the benefits to derive from M & A.

Keywords: Mergers and Acquisitions, Corporate Survival, Troubled Economy, Nigeria