horizontal merger

Also found in: Financial.
(redirected from Horizontal acquisition)

hor′izon′tal merg′er


n.
the purchase by a company of a competitor or of a company dealing in similar products or services.
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References in periodicals archive
The two firms are not competitors, so no horizontal acquisition exists.
Oculus is a horizontal acquisition for Facebook, which means it lets the company expand into a new space, rather than grow its core business.
The firm described the deal as "a horizontal acquisition" aimed at extending its reach to business and individual clients throughout the whole of the Midlands.
Malone said earlier this month he wanted Charter to be "a horizontal acquisition machine" and was interested in both smaller and larger U.S.
Our population-based data suggest that community-acquired MRSA may also arise de novo, through horizontal acquisition of the mecA gene.
203, Study on Horizontal Acquisition, requires that the administrator of the Office of Federal Procurement Policy submit a study to the Committee on Government Reform and the Committee of Governmental Affairs within nine months after the date of enactment of this act: This study will address the laws, executive orders, and regulations that hinder the performance of acquisition functions impacting the use of government wide contracts
To increase organizational strength and value, many healthcare leaders are pursuing both vertical and horizontal acquisitions that capitalize on shared functions, services, technologies, geographic footprints, specialties, customers, etc.
[7.] Capron, Laurence, "The Long-Term Performance of Horizontal Acquisitions," Strategic Management Journal, 1999; 20 (11), 987-1018.
While research on horizontal acquisitions tend to pay more attention on cost-based synergies and argue for the better benefits of related mergers compared to unrelated mergers, unrelated merger integration also has potential to bring about synergies and long-term benefits for the acquiring firms.
We're more into making horizontal acquisitions that support broader initiatives.
The industry averaged 0.94 joint ventures per firm a year (alliance intensity), 3.60% of sales invested in new capital equipment, 7.43 horizontal acquisitions, 100 million tons in domestic shipment and capacity utilization (76.71%) per year between 1977 and 1997.
Recognizing that preparation is imperative to any successful M&A process, financial managers should start the review process early through what we call "boiling the ocean." In other words, they should evaluate all strategic merger and acquisition options available, conduct a thorough analysis of every company within the industry and beyond, looking at vertical and horizontal acquisitions, evaluating those options, reviewing potential consequences, preparing the company to initiate merger discussions with target companies, or responding to the overtures of potential acquirers.
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