Merging company data

1. What is meant by merging data?
2. What are the 3 types of merge?
3. What is it called when 2 businesses combine?

What is meant by merging data?

Data merging is the process of combining two or more similar records into a single one. Merging is done to add variables to a dataset, append or add cases or observations to a dataset, or remove duplicates and other incorrect information.

What are the 3 types of merge?

The three main types of merger are horizontal mergers which increase market share, vertical mergers which exploit existing synergies and concentric mergers which expand the product offering.

What is it called when 2 businesses combine?

Mergers combine two separate businesses into a single new legal entity. True mergers are uncommon because it's rare for two equal companies to mutually benefit from combining resources and staff, including their CEOs. Unlike mergers, acquisitions do not result in the formation of a new company.