vertical mergerglossary / vertical merger A merger between businesses occupying different levels of operation for the same product, such as between a manufacturer and a retailer; a merger of buyer and seller. 词条贡献者 双语律师Akira,国际知名法学院法律专业,擅长翻译各类与地产开发相关的法律文件。
vertical merger vertical merger, 纵向兼并, 纵向合并 vertical merger 纵向兼并;纵向合并 具有买卖相连环节的企业间的兼并,即一个企业兼并购买其商品的其他企业或向其出售商品的其他企业。如果是生产商或批发商兼并了零售商,则称为前向兼并〔forward merger〕,反之,如果零售商或分销商兼并了生产商,则称为后向兼并〔backward merger〕。 (→vertical integration;horizontal integration)