mergers and acquisitions
Companies combining forces
Mergers and acquisitions refers to corporate transactions where companies combine or one purchases another.
A merger joins two firms into one; an acquisition is an outright purchase.
The phrase is usually abbreviated M&A and treated as a field of business and law: She works in mergers and acquisitions at a Wall Street firm.
The M&A market has been quiet this quarter.
- corporate governanceCompany direction and control
- due diligencePre-transaction reasonable care
- joint venturesShared business undertakings
- tender offerPublic share purchase proposal
- takeoverAssuming command of something
synergy · shareholder value · buyout · corporate restructuring · leveraged buyout · antitrust law · divestiture · spin-off · vertical integration · consolidation · big fish · private equity · initial public offering · contract · valuation · boardroom · risk management · venture capital
- corporate financecost of capital, investment, capital markets, NPV, debt financing
- Corporate Termssubsidiary, CFO, affiliate, division, bylaws
- financebank, CFO, banks, controller, finance
- consultingconsultant, strategy, consultants, consulting, advisory
- Asset Valuationasset value, book value, fair value, fair market value, market value
mergers and acquisitionsorganic growth
Growth arising internally, gradually
building from scratch · bootstrapping · research and development
mergers and acquisitionsdivestitures
Sales of owned assets
demergers · carve-outs · asset sales · liquidation · unbundling
emerge, acquire, merging, merged, merger, emerging, emergent, acquisition, emerged