Non-Horizontal Merger

Non-Horizontal Merger definition

/nɒn:'hɒrɪˈzɒnt(ə)l/ /ˈməːdʒə/

What does Non-Horizontal Merger mean?

Transaction between either firms operating at different levels of the supply chain (vertical mergers), or firms supplying products/services at the same level of the supply chain but which do not compete (conglomerate mergers).

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