ABSTRACT
Merger and acquisition has been widely acclaimed by scholars and professionals in business as the most desirable and effective strategy to revive the difficult situations facing Nigeria economic climate. The situation is so terrible that organizations had to turn around and adopt strategy to survive through this turbulent water. This research work has the objective undertaking to examines, analyze and evaluate the effectiveness of merger and acquisitions as a strategy for organizational survival in Nigeria and investigates whether it can result to economic of scale and increase profitability of the combined firms. To this end, questionnaire were administrated to Oando Nigeria Plc and some few other organizations that merged. The data and information collected were analyzed using simple tables, frequencies and percentages. The findings of this research reveals that merger and acquisitions brings about improve in the productivity of the emerged organizations. The researcher is of the opinion that, based on the findings, the recommendations made if properly followed, it will improve the activities of merger and acquisition for the benefit of the government, proposing organizations and the interested public at large.
TABLE OF CONTENTS
Cover page - - - - - - - - - i
Title page - - - - - - - - - - ii
Declaration - - - - - - - - - - iii
Approval page - - - - - - - - - iv
Dedication - - - - - - - - - - v
Acknowledgement - - - - - - - - vi
Abstract - - - - - - - - - - viii
Table of content - - - - - - - - - ix
CHAPTER ONE
Introduction
1.0 Background of the study - - - - - - 1
1.1 Historical Background of Oando Nigeria Plc - - - 3
1.2 Statement of the general problem - - - - - 5
1.3 Objective of the study - - - - - - - 6
1.4 Significance of the study - - - - - - 8
1.5 Research question - - - - - - - 9
1.6 Statement of hypothesis - - - - - - 10
1.7 Scope and limitation of the study - - - - - 10
1.8 Definition of terms - - - - - - - 12
CHAPTER TWO
Review of Related Literature
2.0 Introduction - - - - - - - - 14
2.1 Merger and Acquisition definitions - - - - - 14
2.2 Types of Merger - - - - - - - - 16
2.3 Strategies for business survival - - - - - 18
2.4 Motive behind merger and acquisition - - - - 19
2.5 Reason for merger and acquisition preference over
investment in new business generated from scratch - - 23
2.6 Procedure for effective merger - - - - - 26
2.7 Method of financing merger - - - - - - 28
2.8 Merger and acquisition investment banking - - - 31
2.9 Merger and acquisition market place difficulties - - 32
2.10 The effect of merger and acquisition - - - - 35
2.11 Legal issues in M & A - - - - - - - 36
2.12 Regulation of M & A in Nigeria - - - - - 37
2.13 Summary of the review - - - - - - - 40
CHAPTER THREE
RESEARCH METHODOLOGY
3.0 Introduction- - - - - - - - - 42
3.1 Area of study - - - - - - - - 42
3.2 Research design - - - - - - - - 43
3.3 Research population - - - - - - - 43
3.4 Sample and sampling technique - - - - - 44
3.5 Data collection instruments - - - - - - 44
3.6 Data collection method - - - - - - - 46
3.7 Validity and reliability of the instrument - - - - 46
3.8 Administration of research instruments - - - - 47
3.9 Techniques of data analysis (mode) - - - - 47
CHAPTER FOUR
Presentation and Analysis of Data
4.0 Introduction - - - - - - - - 49
4.1 Respondent characteristic and classification - - - 49
4.2 Presentation and Analysis of data - - - - - 50
4.3 Testing of hypothesis - - - - - - - 58
4.4 Summary of findings - - - - - - - 60
CHAPTER FIVE
Summary, Conclusion and Recommendation
5.0 Introduction - - - - - - - - 62
5.1 Summary - - - - - - - - 62
5.2 Conclusion - - - - - - - - - 65
5.3 Recommendations - - - - - - - 65
Bibliography - - - - - - - - - 68
Appendix
