Realization of synergies is a challenge for multibusiness firm’s management. Aiming at exploringe the
state of knowledge on synergy in the subfield of corporate strategy, this text studies articles published
between 2003 and 2015 in academic journals recognized by the Institute for Scientific Information-ISI
Web of Science and Scimago. This review differentiates synergy research in the acquisition stage and
focuses on the integration stage, where administrative practices are relevant. For that reason, this paper
promotes researching synergies from its origin, outcomes, and beneficiaries. By recognizing synergy
diversity, a path facing the multibusiness management challenge is opened.
