Pepper Hamilton partner Michael J. Mann was quoted extensively in the April 2012 issue of Mercer Business Magazine in the article, "The Ins and Outs of Mergers & Acquisitions."
Mann states, "...the size of the company isn't necessarily the reason one might engage in a merger or acquisition. It depends on your situation. Sometimes it's better to do a merger, sometimes it's better to do a stock acquisition, and sometimes it's better to do an asset acquisition. There are a slew of reasons from taxes to liability to simplicity where you might choose one over the other. That's why you have attorneys and accountants."