Examlex
Consumers in the United States now desire sedans rather than automobiles with greater space and utility.
Horizontal Merger
A merger between companies in the same industry, often aiming to increase market share, reduce competition, or achieve economies of scale.
Synergy
The concept that the combined value and performance of two companies will be greater than the sum of the separate individual parts after a merger or acquisition.
Price-Earnings Ratio
A valuation metric for a stock, calculated by dividing the current market price of the stock by its earnings per share.
Incremental Value
The additional or extra value generated by making a specific business decision, considered when evaluating multiple options.
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