Horizontal merger
Horizontal merger is a merger between two companies in the same line of business.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Horizontal merger. A merger between two companies in the same line of business.
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Horizontal merger. A combination of two firms that produce the same type of good or service.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
