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The explosion in the number, size and complexity of mergers, acquisitions and alliances during the 1990s demonstrates how ingrained business combinations have become in the global business community. The author is a person who has "been there and done that". He recognises that what happens during the closing of a deal influences what happens when companies begin integrating and the knowledge gathered prior to the acquisition is useful for those who are combining the firms. How to organise such transfers and how to build and manage the M&A team is a key challenge. Rather than simply discussing characteristics of deals and offering definitions, Dr DePamphilis uses his experiences to describe the steps of a deal and provides recommendations on ways to make the process more effective.