Unit 21 - Takeovers Flashcards
to get something
to acquire
a situation in which a company buys another company that has the same activities
horizontal integration
a process in business where a company buys another company that supplies it with goods or that buys goods from it in order to control all the processes of production
vertical integration
to combine or join together, or to cause things to do this
to merge
the system of people and things that are involved in getting a product from the place where it is made to the person who buys it
supply chain
a situation in which a company controls the supply of goods and services it needs by buying the company that supplies them, or by going into the same business as that company
backward integration
buying distributors or retail outlets
forward integration
a short sudden attack, to buy as much as share of a company as fast as possible in order to take control of it
raid, corporate raider
when a person or group buys all the shares of a company and so gets control of it
buyout
a sufficient number of stocks in a company to be able to decide what to do
controlling interest
try to get control of a company
friendly / hostile takeover / bid
amount of money paid for services
fee
companies that own or control several smaller businesses selling very different products or services
conglomerate
to use borrowed money to buy a company
to leverage
the combined power of value of a group of things working together which is greater that the total power or value achieved when each is working separately
synergy
