Corporate restructuring is a management effect of mergers and acquisitions on the financial performance in companies. Restructuring of firms in Kenya monitors the trend of amalgamations of companies.There is significance in Mergers and Acquisitions for it enables the increase of market shares for companies, establishes the extent to which firm value assists in the attainment of returns and benefits on investments, hence creating firm value. However, it is incumbent upon firm managers to decide on what type of restructuring they should take. This gives direction for the firm in ensuring performance. Subjecting firms into this trend finally enables them to increase their market shares, enter new geographical areas, diversify business growth, acquire state-of-the- art technology, comply with new legislation, acquire brand loyalty, overcome entry barriers as well as attain return on investment. There exists positive relationship between Mergers, Acquisitions, and predictor factors, which are: market shares, profitability of the company, diversification of risk, achievement of synergy and return on investment.