Indian companies have been increasingly exposed to both domestic and international
competition since liberalization of the economy. To face this competition Indian
corporate had no choice but to transform and restructure by going in for Mergers and
Acquisitions as an important strategic choice. This study focuses on analyzing and
understanding the trends in Mergers and Acquisitions in India and the impact of this
strategic activity on the post merger performance of a firm. The most important
motive behind Merger and Acquisition in India is the growth and synergies which is
expected in the post merger scenario. The study compares and evaluates the pre
and post merger corporate performance of sample companies in the post liberalized
period in India. It also tests the number of years it takes for a company to experience
these synergies.

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