– March 29, 2022 —
M&A has become more and more popular with economic development, especially in the Covid 19 situation. The fact that big brands appear in many newspapers about the success of mergers and acquisitions worth billions of dollars is clear proof of the successful return of this form of M&A (Merger & Acquisition). And whether mergers succeed or fail, the super profitable deals have brought some unexpected things. MavenLibs recognizes that their company has the same direction also the same goal as JMaven, so go to the decision then acquisitions to be consistent. The transaction price is not disclosed. The agreement to hand over documents to complete the merger will take place on April 1st. The legal merger of both parties on April 1st and the merging of website data will take place after 2 weeks from the date of signing.
M&A is an abbreviation of Mergers and Acquisitions. It’s commonly used in the business field to refer to the investment or merger of two business commodities into a single independent entity. The goal of this combination is to promote the strengths of both sides. When two businesses combine, their strength will increase much more than if they develop independently and compete with each other.
M&A – merger occurs when both companies jointly decide to come together, to operate together under one business entity. This transfer and merger only occur when each company participating in the merger has the same operating scale. Realizing each other’s strengths when merging will increase and promote many different aspects of the merger. General business activities such as Sales activities, scale and general operating efficiency.
Mergers and acquisitions bring multi-dimensional benefits, such as Enhancing economies of scale, Increasing market share, Improving product distribution capacity; Optimizing financial resources in the business; Reducing labor costs; Improving the quality of resources in the company, Leveraging transferred technology and so on. However, there are still a lot of risks when a company merges another one. For example: Buying another business requires a huge budget, Some legal issues, The Cost of opportunities that businesses can miss, and many more.
However, whether successful or not, the merger will still bring businesses a great source of benefits. That’s why some businesses still decide to get M&A deal with another business because of these benefits. With the potential of labor, investment environment, science and technology, etc., the results of M&A activities will certainly bring many promises. MavenLibs will operate more professionally and promises to have further M&A activities.
For more information, click at: https://mavenlibs.com/.
About the company: MavenLibs decide to merge and acquire with JMaven, and their agreement documents will complete the merger on April 1st.
Release ID: 89072217
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