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As part of the financial planning process, a common practice in the corporate finance world is restructuring through the process of mergers and acquisitions (M&A).

As part of the financial planning process, a common practice in the corporate finance world is restructuring through the process of mergers and acquisitions (M&A). It seems that on a regular basis, investment bankers arrange M&A transactions, forming one company from separate companies. What are the advantages and disadvantages of a merger? In your response, provide an example of either - a merger that was successful, or one that was unsuccessful.

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