friendly merger
Cooperative business combination
A friendly merger is a corporate combination where both companies' management and boards support the deal, cooperating on terms and recommending shareholder approval.
The friendliness distinguishes it from hostile takeovers, where the acquiring company bypasses resistant management: The friendly merger allowed both CEOs to negotiate executive roles in the combined company.
- acquisitionAct of obtaining something
- contractEnforceable written agreement
- synergyCombined effect exceeding components
- due diligencePre-transaction reasonable care
- stock swapTrading equity for equity
mutual benefit · negotiation · antitrust laws · cooperation · consolidation · goodwill · partnership · white knight · consensus · win-win deal · alliance · integration · smooth transition · soft landing · trust · collaboration · regulatory approval · joint venture
friendly mergerhostile takeover
Unwanted corporate buyout attempt
hostile acquisition · hostile bid · corporate raid · leveraged buyout · greenmail
friendly mergercorporate breakup
Separating business units legally
divestiture · spinoff · demerger · asset stripping · split-up
friendly, merger, friend, friends, friendliness, unfriendly, befriend, befriended, friendship