Management and Organizational Studies 1023A/B Lecture Notes - Lecture 8: Supermajority, Offering Circular, Market Price

• School: Western University
• Department: Management and Organizational Studies
• Course: Management and Organizational Studies 1023A/B
• Professor: Barry Hawn

Document Summary

Acquisition: the purchase of one firm by another. Merger: the combination of two or more firms into a new legal entity in which one entity keeps their identity while the others lose them. Amalgamation: a blending together of two or more entities where both lose their identities and a new separate entity is born. Both (or all) sets of shareholders must approve the transactions. Horizontal merger two firms in the same industry combine. Vertical merger firm acquires supplier or another firm that"s closer to its existing customers. Vertical integration extends a firm"s competitive scope within the same industry. Going backward by acquiring a supplier that provides inputs into its production process. Going forward to consumers of final product. Can aim at either full or partial integration. Conglomerate merger two firms in unrelated business combine. Cross-border (international) m&a: involving a canadian and a foreign firm as either the acquiring or target company.