Merger and Acquisition are the most talked about subjects these days. Often these are interchangeably used although they have different legal meanings. Merger means integration of two entities into one. In short in India mergers are called Amalgamation.In Amalgamation, at least two entities are needed to form a new entity. The acquisition means absorbing or buying the entity. Basically, taking over the assets and liabilities of one entity and influencing the voting rights. Both entities separately exist whereas in mergers there is the dissolution of one entity.