Relacionar Columnas Restructuring TerminologyVersión en línea Combine the term and its definition. por Ritva Ala-Louko 1 merger 2 takeover 3 joint venture 4 downsize 5 streamlining 6 divestiture 7 core competence 8 strategic alliance 9 spin-off A new organization or entity formed by a split from a larger company. A hostile way of gaining control over another company. Reducing the number of employees on the operating payroll. The partial or full disposal of a business unit through sale, exchange, closure, or bankruptcy. 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. Making a company’s operations simpler but more effective. A voluntary fusion of two companies into one new legal entity. A unique ability that a company acquires from its founder. It can not be easily imitated.