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Glossary: Growth and evolution

AcquisitionAlso called a takeover, this method of external growth involves one company buying a controlling interest (majority stake) in another company.Backwards vertical M&AIf the purchaser buys a company further away from the consumer in the chain of production.Conglomerate M&AAlso known as diversification, this form of external growth occurs when two businesses in unrelated industries integrate through a merger or...

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