Mergers and Acquisitions have been widely used by so many companies and industries as a way to enhance and achieve inorganic growth or to boost the corporate overall performance. Mergers and Acquisitions are ever present in the corporate environment and they have become an increasingly important part of corporate strategies. However, not all attempts to undertake M&A deal are successful. Catherine explored and examined the “Success and Failure of Mergers and Acquisitions” using two different cases to verify this phenomenon: one that was successful (a very rare case) and unsuccessful one. Analyzing these cases she pointed out the reasons and factors for the M&A outcomes which gives an answer to as of why do some Mergers and Acquisitions succeed whereas others fail.