defensive merger
noun[C]
FINANCEukusasituationin which onecompanyjoinswith a secondcompanyinordertoavoida thirdcompanytakingcontrolof it:
Thetakeoverbidhasforcedthem into adefensivemergerwiththeirgreatestcompetitor.
| 单词 | defensive merger |
| 释义 | defensive merger noun[C] FINANCEukusasituationin which onecompanyjoinswith a secondcompanyinordertoavoida thirdcompanytakingcontrolof it: Thetakeoverbidhasforcedthem into adefensivemergerwiththeirgreatestcompetitor. |
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