merger, acquisition, takeover

An act of consolidating companies or assets

~ usually have a negative conotation

acquirer # target/ predator # prey

nearly the same as takeover

A public offer to a company's stockholders to buy their stocks at a certain price (higher than the current market price) during a limited period of time

hostile takeover

when the Board of directors from both companies negotiate and approve the bid. The Board from the target company will approve the buyout terms and shareholders will get the opportunity to vote in favour of or against takeover

involves buying as many of company's stocks as possible on the stock market

Raider/attacker # victim

reduced production costs resulting from large-scale production

combined results produced by entities working together which are greater than the sum of the separate parts

succesful companies generally want to diversify

A company's sales expressed as a percentage of the total sales in a market

money paid to investment banks for advising a takeover

A company's Optimum size or market share can be quite small, and large conglomerates can become unmanageable and inefficient

buying a company in order to sell its most valuable assets as a profit

you Look for another company that you prefer to be acquired by, acquirer of last resort

makes itself less attractive to potential acquirer, smth difficult to swollow or accept

target becomes a predator and dip into its war chest for cash to buy a majority stake in predator's company

w ustawie itp

this law requires an amendment

with this tactic the target company stalls with the hope that another, more favorable company will make a takeover attempt.

firms and individuals that help other companies avoid takeovers, such as investment bankers, accountants, attorneys and tax specialists, by aggresively devising and implementing anti-takeover Strategies

An expert who is bought into a company to Deal with a particular Problem

A company will make special amandments to its charter or bylaws that become active only when a takeover attempt is announced - goal is to make a company less attractive for the acquirer