Paulie has to take care of some rough relationships for his mother, while Tony's fancy for a fellow horse fancier lands him in trouble with Carmela.



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Episode cast overview, first billed only:
Junior Soprano (credit only)
Meadow Soprano (credit only)


Furio has to return to Italy after his father falls seriously ill. Once there he gets advice from his uncle about his feelings for Carmela. Paulie arranges for his mother to move into Green Grove but is taken aback when some of the ladies there, some of them the mothers of fellow mobsters, won't let her into their circle. With is mother unhappy and in tears, Paulie is forced to go the their sons to get their moms to play nice. At the track visiting Pie-O-My, Tony meets Ralph Cifaretto's new girlfriend Valentina La Paz. She's an art dealer which comes in handy when he decides to have a portrait of himself and the horse painted. It also leads them straight to bed. Tony's uncomfortable seeing another mobster's girl but is intrigued when she tells him about Ralph's weird sexual preferences. Carmela catches him out however and decides to get even by spending some of the money he has stashed in the garden shed. Written by garykmcd

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Plot Keywords:

gangster | strap on dildo | See All (2) »


Crime | Drama


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Release Date:

3 November 2002 (USA)  »

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Aspect Ratio:

1.78 : 1
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Did You Know?


The title is a reference to "American Psycho". When asked what he is into, Patrick Bateman, the mass murderer by night/Wall Street investment banker by day protagonist, says that he into "Murders and Executions", but the other characters hear "Mergers and Acquisitions", refusing perhaps subconsciously to allow their clean lives to be mixed up with that. See more »


[In the nursing home, where his mother lives]
Paulie 'Walnuts' Gualtieri: I don't understand. All the money I put in this place, and my mother is getting picked on by the others. I want it stopped.
Nursing home supervisor: You'll have to excuse these girls. Sometimes they think it's a high school with wheelchairs.
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Features Mario Eats Italy (2001) See more »


Woke Up This Morning (Chosen One Mix)
Performed by A3
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User Reviews

Paulie's big moment
8 May 2008 | by (Italy) – See all my reviews

As a single episode, Mergers and Acquisitions isn't exactly a masterpiece. Taken in the context of the entire Season Four, though, it serves as a major tone-setter for the last shows of the season and offers some irresistible adult entertainment.

The latter comes in the form of Paulie Gualtieri, who finally gets to see his mother again after spending time behind bars. He is shocked to discover she isn't treated very well by fellow seniors and enlists some special help to take care of the mess. Meanwhile, Tony learns Ralph's new mistress shares his passion for horses, which soon turns into something more dangerous and leads to big trouble at home with Carmela.

Watching the Soprano spouses argue is always a pleasure, but this time the limelight is gleefully stolen by Tony Sirico, who obviously enjoys putting Paulie's more twisted side on display: his efforts to make Mrs. Gualtieri's stay at Grren Grove more comfortable are a great example of good grown-up comedy.

Actually, the Soprano family manages to reclaim the spotlight in one scene, but not in the way you might expect: I'll just say it involves Tony, his sister and a discussion about Ralphie's sexual quirks. Yikes.

15 of 16 people found this review helpful.  Was this review helpful to you?

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