||Merger is the combination of two or more than two companies maintaining the identity of one of the companies.
||Acquisition is the process of acquiring the ownership of small business entity by large business entity.
||Merger is generally done to decrease competition and increase operational efficiency.
||Acquisition is generally done for the purpose of instantaneous growth.
||Merger takes place between two entities of more or less size.
||For acquisition there must be one large entity which purchase small entity.
||Merger has high number of legal formalities to done.
||Acquisition has less legal formalities as compared to the merger.
||Merger is done voluntarily by the companies.
||Acquisition is done either voluntarily or involuntarily by the companies.
||Merging companies is the case of mutual decision.
||Acquisition decision can be friendly or hostile.