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Posted On: 04/03/2022 7:42:32 PM
Post# of 84295
From Investopedia - Business Consolidation Definition :
"The term business consolidation refers to the combination of different business units or companies into a single, larger organization. Business consolidation is a legal strategy that is often initiated to improve operational efficiency by reducing redundant personnel and processes. Often associated with mergers and acquisitions (M&A), business consolidation can result in long-term cost savings and a concentration of market share no matter how expensive and complex it may be in the short term."
I found that particularly interesting the combination of companies into a single larger company AND "often associated with mergers and acquisitions" so for him to reply to Doc and say you made it happen says a lot to me. Wording it as if it has happened. Looking forward to what Q1 tells us and expect some more announcements or PRs before then
"The term business consolidation refers to the combination of different business units or companies into a single, larger organization. Business consolidation is a legal strategy that is often initiated to improve operational efficiency by reducing redundant personnel and processes. Often associated with mergers and acquisitions (M&A), business consolidation can result in long-term cost savings and a concentration of market share no matter how expensive and complex it may be in the short term."
I found that particularly interesting the combination of companies into a single larger company AND "often associated with mergers and acquisitions" so for him to reply to Doc and say you made it happen says a lot to me. Wording it as if it has happened. Looking forward to what Q1 tells us and expect some more announcements or PRs before then
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