Congeneric merger
Congeneric merger is a merger that involves firms that are interrelated but do not have identical lines of business.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Congeneric merger. Involves firms that are interrelated but do not have identical lines of business.
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Congeneric merger. A merger of firms in the same general industry, but for which no customer or supplier relationship exists.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
