1.

What Is Congeneric Merger?

Answer»

Generic means in simple words – generally meaning the same – so congeneric merger is when two companies belonging to the same/ related industry – but PRODUCING/ dealing in different products merging to form a company.

LETS say, a producer or PROFESSIONAL bats for the game of CRICKET – and a company producing only baseball bats merge to go GLOBAL with their bats!

Generic means in simple words – generally meaning the same – so congeneric merger is when two companies belonging to the same/ related industry – but producing/ dealing in different products merging to form a company.

Lets say, a producer or professional bats for the game of cricket – and a company producing only baseball bats merge to go global with their bats!



Discussion

No Comment Found