Mergers and Acquisitions in Russian Legal Framework and Their Impact on Economy

The article is concerned with different approaches to the notions “merger” and “acquisition” in legal science, analyses Russian practice and compares it with the foreign one and considers the impact of mergers and acquisitions on modern economy, as mergers and acquisitions are crucial for the modern corporate law. Potential benefits from company acquisition are obvious, but, in fact, the acquiring company loses its shareholder value in the course of transactio