mergers eng Flashcards
1
Q
target company
A
кого приобретают
2
Q
Takeovers
A
изменение контрольного пакета акций
3
Q
acquirer
A
тот, кто приобретает
4
Q
Acquisition
A
поглощение
5
Q
legal entity
A
юридическое лицо
6
Q
share
A
акция
7
Q
Economies of Scale
A
Экономия от масштаба
8
Q
- Diversification
A
product lines that have higher growth prospects
9
Q
Economies of Scale
why
A
- technology development
- lower per-unit costs can come from increase in orders from suppliers
10
Q
Motivations in an Acquisition for the seller
A
- ready for an exit
- Inability to compete
- Access to the greater resources
11
Q
Motivations in an Acquisition for the buyer
A
- income increase
- lowing costs
- economies of scale
- a desire to reduce the number of competitors (increase market share and reduce price
- a desire to diversify into new products and services
12
Q
Motivations in a Merger for both
A
- economies of scale
- to improve technology
- to increase the scale of production in existing
product lines - to obtain tax benefit
13
Q
horizontal M&A
A
same competitive space
benifits:
1. economies of scale
2. lower operating costs (companies can share production facilities, distribution channels, and human capital)
14
Q
facilities
A
оборудование
14
Q
distribution channels
A
каналы распределения товара
