Chapter 12 - Mergers and Acquisitions Flashcards
1
Q
conglomerate merger
A
The merger of two organizations competing in different markets
2
Q
consolidation
A
The joining of two or more organizations to form a new organization
3
Q
culture
A
The set of important beliefs that members of an organization share
4
Q
horizontal integration
A
The merger or acquisition of rivals
5
Q
horizontal merger
A
The merging of two competitors
6
Q
operating synergy
A
The cost reductions achieved by economies of scales produced by a merger or acquisition
7
Q
takeover
A
One company acquiring another company
8
Q
vertical integration
A
The merger or acquisition of two organizations that have a buyer–seller relationship
9
Q
vertical merger
A
The merger of a buyer and a seller or supplier
