what was the need of Merger in 1991?



what was the need of Merger in 1991?..

Answer / vijaya kumar

Merger is a method of Reconstruct Capital Structure of a
concern. In 1991 Our government is made a policy of LPG.
ie., Liberalisation, Privatisation, and Globalisation by
these new suitation most of the business enterprises need
to change their capital structure to adopt the
environment. So, that in 1991 merger is popular.

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