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What is difference between merger and joint venture?

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What is difference between merger and joint venture?

Ans.  

In a merger, two different entities combine permanently to make one new separate legal entity that is separate entity, and the previous entity usually cease to exist. But in case of joint ventures two or more business entities come together for a designated purpose. And both companies usually remain exist after joint venture also.

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Do I need lawyer during mergers and acquisitions process?

Ans.  Merger and Acquisition is a legally complex process that requires proper due diligence of company and negotiation of a share purchase agreement, So in order to minimize the risk it is advised to hire an attorney.
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What due-diligence is required to be done before merger and acquisition?

Ans.  Legal, financial, commercial, strategic, operational, any debt due etc need to check.
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