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1 rise
2 fall
3 stabilize
4 increase
5 drop
1 issue a) goods
2 provide b) an offer
3 submit c) an invoice
4 state d) conditions
5 negotiate e) a deal
A merger is the voluntary ______________ of two companies on broadly equal ______________ into one new
legal entity. The firms that agree to merge are roughly ______________ in terms of size, customers, scale of
operations, etc. For this reason, the term "merger of equals" is sometimes used. _____________, unlike mergers,
or generally not voluntary and involve one company actively ______________ another. Mergers are most
commonly done to ______________ market share, reduce costs of operations, expand to new territories, unite
common products, grow ______________, and increase profits—all of which should benefit the firms'
shareholders. After a merger, shares of the new company are distributed to existing shareholders of both original
businesses.
7
VI Complete the sentences below using the correct preposition. Sometimes no preposition is needed.
1. The studies will be carried out ________ January to June of next year.
2. ________ this period, the exact scope of the work will be evaluated.
3. A buyer with IBM heard ________ a small new factory and called ________ a salesman.
4. The merger will not take place ________ September next year.
5. ________ the end of the year all the subsidiaries will be closed.
6. They decided to get rid ________ these shares.