Mergers vs Takeovers

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Across
  1. 3. growth strategy that involves a business growing gradually using its own resources
  2. 6. a fincancial reward
  3. 8. buying a business that is a step closer to the consumer
  4. 10. an acquisition, involves one business acquiring control of another business
  5. 11. another name for a takeover
Down
  1. 1. a form of business integration where two businesses of a similar size and at the same stage of production join together
  2. 2. buying a business that supplies the raw materials for your product
  3. 4. growth strategy that involves 2 or more firms joining together to form one larger one
  4. 5. a form of business integration where a business acquires another business in the same industry but at another stage of production
  5. 7. a financial risk
  6. 9. combination of 2 previously separate firms that is achieved by forming a completely new business