I need help understanding Mergers and acquisitions are very common and occur in every industry. In 2019, Charles Schwab acquired TD Ameritrade, and Morgan Stanley acquired E*TRADE in early 2020. These two acquisitions changed the online brokerage industry.

These two merged companies have become two of the largest organizations in the online brokerage industry and have increased their market share. In addition, these companies have redesigned their organizational structures and policies to gain a competitive advantage over other online brokerages.

These two companies provide customers attractive options, such as lower costs and efficient dashboards. These may cause several smaller online brokerage companies to become obsolete due to losing customers to these two companies, which would cause a decrease in the revenues and profits for the smaller companies.

Mergers and acquisitions are prevalent in other industries. Some of the most recent mergers and acquisitions include Uber Technologies purchasing Postmates, Amazon purchasing Wholefoods, and Cigna purchasing Express Scripts Holding Company.

Although they are very common, mergers and acquisitions have declined in 2020 compared to previous years. Some accounting professionals speculate that this decline is due to the current coronavirus disease (COVID)-19 crisis and the trading disparity between China and the United States. (Investopedia, 2020)

Mergers and acquisitions are types of reorganization.Reorganizationrefers to the ability of an organization to restructure. Reorganizations can possibly provide tax benefits to an organization. Research a merger or acquisition that occurred within the past 5 years.

Conduct research on a current merger or acquisition, and address the following in detail:

• I'm hoping to better understand how to Discuss your chosen merger or acquisition in detail. What are three reasons why the organization decided to merge with or acquire another organization.
• I need a to figure out Are there any current tax laws that would encourage or discourage reorganizations (i.e., mergers or acquisitions).
• Also Are there any ethical implications for a manager to consider when deciding to merge with or acquire an organization.