Mergers and acquisitions (M&A) are a major part of the corporate restructuring process and one of the fastest strategic management tools to grow a business. Many M&A deals run into hundreds of millions, or even billions, of dollars. It is no wonder then that they arouse strong feelings and grab the headlines when deals are announced. According to the SDC Platinum database, M&A transactions involving acquirers in G7 countries in the 2007–2008 period alone totalled 29,131 with a transaction value of USD 3,128,954 million as presented in Table 1.1. 1 Out of the total number of transactions, 79 per cent and 21 per cent were domestic and cross-border deals, respectively. The transaction value of the domestic deals was USD 2,253,472 million.