Merger is the first General Condition clause. It deals with the acquisition, consolidation or merger of the insured with another entity. It provides for short-term coverage, but requires underwriting information for reassessment of risk and premium to be charged.
(1) The coming together, either through merger or partial ownership, of two or more companies. (2) the solidification of loose material or liquid, usually under pressure.
Process of solidification (e.g. lung air spaces filling with exudate in pneumonia.)
The result of impregnation and solidification of the composite.
The concentration of the fragmented European freight industry into fewer providers, supplying multiple products across a range of geogrpahies. This has involved a high level of mergers and acquisition activity as companies seek to achieve scale.
Also called a leveraged rollup, this is an investment strategy in which a leveraged buyout (LBO) firm acquires a series of companies in the same or complementary fields, with the goal of becoming a dominant regional or nationwide player in that industry. In some cases, a holding company will be created to acquire the new companies. In other cases, an initial acquisition may serve as the platform through which the other acquisitions will be made.
Also called a leveraged rollup, this is an investment strategy in which an LBO firm acquires a series of companies in the same or complementary fields, with the goal of becoming a dominant regional or nationwide player in that industry. In some cases, a holding company will be created, into which the various acquisitions will be folded. In other cases, an initial acquisitions may serve as the platform through which the other acquisitions will be made.
Consolidation is the act of merging many things into one. In business, it often refers to the mergers or acquisitions of many smaller companies into much larger ones. The financial accounting term of consolidation refers to the aggregated financial statements of a group company as consolidated account.
Consolidation is a clinical term for solidification into a firm dense mass. [See corresponding lexical definitionhttp://www2.merriam-webster.com/cgi-bin/mwmednlm?book=Medical&va=consolidation M-W Online: Medical Definition of 'Consolidation' in http://www.nlm.nih.gov/medlineplus/mplusdictionary.html National Library of Medicine's MedlinePlus Dictionary powered by Merriam-Webster (M-W) Online.] It is usually applied to a condition marked by indurationhttp://www2.merriam-webster.com/cgi-bin/mwmednlm?book=Medical&va=induration M-W Online: Medical Definition of 'Induration' (swelling or hardening of normally soft tissue) of a normally aerated lung through accumulation of inflammatory cellular exudate in the alveoli and adjoining ducts.