Explain the recent growth of cross-borders and mergers and acquisitions.
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Week 29 Issues in International Business Economics~ Presentation Going Global Explain the recent growth of cross-borders and mergers and acquisitions. Merger: a merger is a situation, which, as a result of mutual agreement, two firms decide to bring together their business operations. One company is absorbed by the other and no longer exists as a separate firm; or an entirely new company may be formed by the consolidation of the two firms. Mergers may be horizontal (at the same stage of the production process), vertical (at different stages, either backwards towards the source of supply or forwards towards the retail outlet) or conglomerate (involving diversification). A merger is distinct from a takeover in so far as a takeover involves one firm bidding for another's shares (often against the will of the directors of the target firm). One firm thereby acquires another. Acquisition: when one company buys all or a majority of the voting stock of another...


