Essentially, this work was designed to provide a clear understanding of mergers and acquisitions as an instrument for corporate survival and growth using some companies as case studies. It investigated the importance of mergers and acquisitions in companies, its benefits as well as opportunities there from. It also drew attention on the environment where businesses were carried out especially in developing countries like Nigeria where business environment is not friendly coupled with so many risks while operating in such an environment. Existing works done by other authors and scholars through text, journals, etc were consulted. Primary data was also used through questionnaires administered, which helped in sampling the opinions of experts in these areas. It was finally concluded that mergers and acquisitions could be described as “pillar” to company survival and a “saver” from distress if all of its principles are fully applied to meet up with the present trend of globalization.
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