MERGERS AND ACQUISITIONS – BETWEEN VIABILITY AND VULNERABILITY

Size does not represent a condition for a company to become competitive and profitable in the market, but in the unhappy situation when an acquisition seems to be the last solution of saving a company, a manager must know how to take the right decision and to prepare the company for the transaction. That is why the objective of the current paper is to analyze the situation of the Romanian mergers and acquisitions market, pointing out in the same time some mistakes that should be avoided in the case of an acquisition. Our results showed that the Romanian merger and acquisition market has not yet bounced back from the crisis due to the differences between the expectations of sellers and those ones of buyers and due to the tensions of the euro zone, but there are still international breaking opportunities for the years to come.