KEY TERMS Define each of the following terms: a. Synergy; merger b. Horizontal merger; vertical merger; congeneric merger; conglomerate merger c. Friendly merger; hostile merger; defensive merger;...

KEY TERMS Define each of the following terms:

a. Synergy; merger

b. Horizontal merger; vertical merger; congeneric merger; conglomerate merger

c. Friendly merger; hostile merger; defensive merger; tender offer; target company; breakup value; acquiring company

d. Operating merger; financial merger; equity residual method; market multiple analysis

e. White knight; white squire; poison pill; golden parachute

f. Arbitrage

g. Joint venture; corporate, or strategic, alliance

h. Divestiture; spin-off; leveraged buyout (LBO); carve-out; liquidation