defensive merger Meaning in the Cambridge English Dictionary
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Meaning of “defensive merger” in the English Dictionary

"defensive merger" in Business English

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defensive mergernoun [C]

uk   us   FINANCE
a ​situation in which one ​companyjoins with a second ​company in ​order to ​avoid a third ​company taking ​control of it: The ​takeoverbid has ​forced them into a ​defensivemerger with their greatest ​competitor.
(Definition of defensive merger from the Cambridge Business English Dictionary © Cambridge University Press)
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