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