The Impact Of Mergers And Acquisition On The Economic Development Of Nigeria A Case Study Of International Equitable Association (Iea)

ABSTRACT

This research of work was designed to examined the "The Impact of Mergers and Acquisition on the Economic Development of Nigeria. Also to identity the possible course for overcoming the problems that led to business failure in the economy as we as to discover The prospects of merger and acquisition en the Nigerian economy. This work was written with primary and secondary data. Primary data is an oral interview derived from the senior management of the firm. Whereas the secondary data is collected from text books, publish journals of the company, magazine and Newspaper etc. the population of the study is 45 whereas the sample size 40. Also the formular used is the Taro Yamani formular. The following summaries are made from the findings: merger and acquisition has prospects in improving the economic development of Nigeria it also improves capital based of the firm and stimulates the growth of the economy. The following recommendation are been made: Improvements should be made on publicity with respect to awareness on merger and acquisition, this is because some entrepreneurs today do not understand the value, meaning and benefits of merger and acquisition and a better way of handling merger and acquisition should be adopted so that every shareholder of the merger or acquired firm should be fully compensated in the exercise.