THE USE OF MERGER AND ACQUISITION AS A GROWTH AND SURVIVAL STRATEGY IN A DEPRESSED ECONOMY

The Nigeria business climate has been adjustment by expect as one of the hostile, turbulent and volatile and vet challenging. It stands to reason, therefore, that for tangible success or survival (as the case may be ) to be recorded the active player must know his onion, be acquainted with the train of the Nigeria economy and be able to interpret accurately the hand writing of the inter playing force in the economy, some of which have taken renown financial analysts to their wits end. The volatility and vulnerability of the national economy, complete with fragment changes in government policies and legist ration have under accurate fore cast as a vital manegment tool an economic mizage. Unfortunately through as the situation may seen it offers the ``wise group’’ both corporate and individual to prove its mettle when chips are down. The concept of merger and acqnisituation, which is the theme of the study is contemporary and throw up of many unfolding challenges of Nigeria depressed economy as the wise group of business companies scheme not only to stay afloat but also to flourish.