Examlex
Demand is inelastic if the price elasticity of demand is greater than 1.
Takeover Bid
An offer made to acquire a controlling stake or all of a company's shares, either friendly or hostile.
Consolidation
The process of combining two or more companies into a single entity to enhance competitive strength and efficiency.
Merger
The combination of two or more companies into a single entity, with the aim of achieving greater efficiencies or market share.
Acquiring Firms
Companies that purchase other companies in mergers and acquisitions to grow in size, diversify, or achieve other strategic goals.
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