What is amalagation?

Answer 1

Amalgamation is the process of combining two or more entities, such as companies or organizations, into a single entity. This process often involves the merging of assets, liabilities, and operations, aiming to achieve greater efficiency and market share. In a broader context, the term can also refer to the blending of different elements, such as cultures or ideas. In business, amalgamation can take various forms, including mergers, consolidations, or acquisitions.