Merger
Merger is the joining of two firms to form a single firm.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Merger. The joining of two firms to form a single firm.
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Merger. The combination of two or more firms to form a single firm.
According to Principles of Economics by Timothy Taylor (3rd edition),
- Merger. When two formerly separate firms combine to become a single firm; for practical purposes, often combined with acquisitions.
According to the Strategic Management by Parnell (4th edition),
- Merger. A corporate-level growth strategy in which a firm combines with another firm through an exchange of stock.
According to the Strategic Management by David and David (15th edition),
- Merger. When two organizations of about equal size unite to form one enterprise; an acquisition.
According to the HRBoK Guide,
- Merger. Two or more organizations coming together to form a new legal entity. Two or more organizations that come together through a purchase, acquisition, or sharing of resources. Usually the new organization intends to save money by eliminating duplicate jobs.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
