Business, Legal & Accounting Glossary
1. The combining of separate companies, functional areas, or product lines, into a single one. Differs from a merger in that a new entity is created in the consolidation. 2. The process of maturation in some markets whereby smaller companies are acquired or run out of business, leaving only a few dominant players; here also called shakeout.
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This glossary post was last updated: 20th November, 2021 | 0 Views.