Examlex
What effect does post-decisional justification (discussed in Chapter 7) have on organisational socialisation?
Greenmail
To avoid an unfriendly acquisition, a firm may buy shares owned by a potential acquirer at a price above the market price of the stock. The above-market payment is greenmail.
Horizontal Merger
A business consolidation that occurs between firms operating in the same industry, often aiming to increase market share.
Conglomerate Merger
A union between firms that are involved in totally unrelated business activities.
Vertical Merger
A merger between companies in the same industry but at different stages of the production process, aiming at creating efficiencies or reducing costs.
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