Matching Pairs Restructuring TerminologyOnline version Combine the terms and its definition. by Ritva Ala-Louko 1 Downsize 2 Takeover 3 Merger 4 Acquisition 5 Strategic alliance 6 Spin-off 7 Streamlining 8 Joint venture The buying of a target company by another company. A hostile way of gaining control over another company. An entity formed between two or more parties to undertake economic activity together. Cooperation between two or more companies aiming at better results in their operations. Reducing the number of employees on the operating payroll. A new organization or entity formed by a split from a larger company. A combination of two companies into one larger company. Making a company’s operations simpler but more effective.
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