a merger between a seller and its buyer or between companies at separate levels of distribution in a particular line of business
a merger between a vendor firm and a customer firm
a merger between two firms at different stages in the same industry
Occurs when one firm unites with others that contribute to its product's manufacture or distribution.
a merger between two firms, one of which is a supplier or distributor for the other
When one firm acquires another firm that is in the same industry but at another stage in the production cycle. For example, the firm being acquired serves as a supplier to the firm doing the acquiring.
A merger between two companies producing different goods or services for one specific finished product.
An alliance of two firms where one firm is a supplier to the other.
