A company may want to expand into different markets where a similar company is already operating rather than start from ground zero, and so the company may just merge with the other company. Introduction to mergers and acquisitions 5 a horizontal merger horizontal mergers occur when two companies sell similar products to the same markets. Merger agreement templates are especially interesting as they are concerned with two different companies merging together into one. Dixie covers major types of business correspondence extensively on her site, and the good news is you need to know well just four types if you are interested in a business career. The following quiz and worksheet combo will test your knowledge of mergers. Basically, a letter to a client can be just about anything, as long as whatever you are communicating is business related. The most common business letter styles are the block style and modified block style. Centennial publishers was recently acquired by the reed group.
A merger takes place when two companies combine together as equals to form an entirely new company. Different types of business letter format examples can be used for writing specific types of business letters. Business letters business letters have been the only type of business correspondence for much longer than any of us can remember, so business correspondence is still associated with them more than with its any other type. The goal of a horizontal merger is to create a new, larger organization with more market share. Companies may decide to merge into order to gain a better distribution or marketing network. Company name or letterhead address city, state zip.
Why do companies merge with or acquire other companies. These agreements can take many forms, like nondisclosure agreements or merger agreements. The reed group is well known for its successful and innovative publishing companies throughout north america. The proposal business letter format example can be used to write a business letter offering a business proposal to a company or organization or for requesting funding while offering perks for a particular event.
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