what is meant by merger of equals
A merger of equals is a situation in which two firms of roughly the same size choose to combine into a single business entity. This is different from mergers in which one company is identified as the acquiring entity and the other as the acquired business operation.
Defintion of Merger. A merger is the combining of two or more business entities. When people use the term merger, they mean a merger of equals -- two companies of the same size deciding to go forward in business as one. An example is Exxon-Mobil.