Merger & Acquisitions - what happens to the companies Vision & Mission
I received following question from one of my former students: I have trying to find the answer regarding, "What happens to the Vision and Mission Statement in the case of Merger and Acquisition/Take Over", but has not been able to find precisely. In the world of business Mergers and Acquisitions are inevitable, especially today. With this I would like to ask, "What happens to the Vision Statement of the companies when they are merged? What happens to the Vision and Mission Statement of the Company which is acquired or taken over by another? Does it get diluted and the company adopts that of the parent company? So I would like to ask for your opinion in this case. My Reply to him: Merger and Acquisitions are part of routine for the companies of today. However they have to take place within the overall objectives, vision and mission of the organization. This is an ideal situation and companies should acquire or merge with such companies where there is match