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Match the words with their definitions.

takeover redundancies dawn raid
bottom line early retirement share price
redeployment trade unions merger
management buyout    

 

1. When one company joins another to form a larger single company, the new company is the result of a _______.

2. When one company buys a majority of the shares of another, and so gains control, it has carried out a _______.

3. When the shares of this second company are bought quietly, without publicity, and usually in the shortest possible time, the first company has carried out a _______.

4. The _______ will try to negotiate good conditions for their members in the new company.

5. When a company is deciding whether to take over or to merge with another it will examine the accounts very carefully, paying particular attention to the _______, which shows whether or not the company is profitable, and by how much.

6. Knowledge that a takeover is likely usually sends ______ up.

7. Sometimes, in an attempt to avoid a takeover, senior staff will attempt a _______.

8. There are usually a number of ________ after a merger or takeover.

9. As many staff as possible will undergo _______ and be kept on in the new company.

10. Members of staff who do not wish to remain and work in the new company may take the option of ______, perhaps with a reduced pension.

Complete the puzzle.

 

    1           2     3      
           
4             5        
    6          
7                     8  
          9           10      
               
        11                 12    
              13        
14 15                  
                   
16                
      17              
         

Across

 

      A large organisation consisting of different companies that produce goods of very different kinds (12). When two or more organisations join together voluntarily as equals, they ______ (5). Subsidiaries’ relationship to each other is that of __ companies (6) A share in something, especially in business (5). Firms attracting unwanted bids ______ them off (4). A very big business organization (5). If companies want to get rid of subsidiaries they ___ them off (4). Potential raider (8). An offer, e.g. to buy shares in a company (3). If you have the majority stake in the company, you normally have _____ of it (7). A business organisation (5). These hold stakes in one or more subsidiaries (8).

Down

 

    An organisation that provides services or makes and sells goods for money (7). A1 down that works across borders (13). The property of a person, company, etc. (6). Two or more companies that decide to work together, form __ (9) The raider’s mail may be this colour (5). A subsidiary may be wholly- or partly-owned by its _____ company (6). This word often follows sell or ward (3). An Abbreviation of the word used for a very big company (4).

 




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