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Finance problem answers
Essay specific features
Written by:
David C
Date added:
August 30, 2014
Level:
University
Grade:
A
No of pages / words:
21 / 5657
Was viewed:
3391 times
Rating of current essay:
Essay content:
A merger is the joining of two firms to form a single firm.
b. A horizontal merger is a merger between two companies in the same line of business. In a vertical merger, a company acquires another firm that is "upstream" or "downstream"; for example, an automobile manufacturer acquires a steel producer...
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A congeneric merger involves firms that are interrelated, but not identical, lines of business. One example is Prudential's acquisition of Bache & Company. In a conglomerate merger, unrelated enterprises combine, such as Mobil Oil and Montgomery Ward.
c. A friendly merger occurs when the target company's management agrees to the merger and recommends that shareholders approve the deal...
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