CNN, TBS, and other programming. In this merger, the Federal Trade Commission (FTC) was alarmed by the fact that such a merger would allow Time Warner to monopolize much of the programming on television.
Ultimately, the FTC voted to allow the merger but stipulated that the public good was harmed.For a period spanning March to November 2006, a mass reconstruction of China Worldbest Group Company Ltd. was performed by China Resources Holding Company Ltd. and ultimately it acquired 100% stake with the help of the subsidiary companies of China Worldbest Group Company Ltd.
China Resources Holding Company Ltd. is one of the most prominent enterprises in the pharmaceutical and textile sector of China . 4) Product-Extension Merger is executed among companies, which sell different products of a related category. They also seek to serve a common market.
This type of merger enables the new company to go in for a pooling in of their products so as to serve a common market, which was earlier fragmented among them. Example: The acquisition of Mobilink Telecom Inc. by Broadcom is a proper example of product extension merger. Broadcom deals in the manufacturing Bluetooth personal area network hardware systems and chips for IEEE 802. 11b wireless LAN.
Mobilink Telecom Inc. deals in the manufacturing of product designs meant for handsets that are equipped with the Global System for Mobile Communications technology.It is also in the process of being certified to produce wireless networking chips that have high speed and General Packet Radio Service technology. It is expected that the products of Mobilink Telecom Inc. would be complementing the wireless products of Broadcom.
4) Market-Extension Merger occurs between two companies that sell identical products in different markets. It basically expands the market base of the product. Example of market extension merger is the acquisition of Eagle Bancshares Inc by the RBC Centura. Eagle Bancshares is headquartered at Atlanta, Georgia and has 283 workers.It has almost 90,000 accounts and looks after assets worth US $1.
1 billion. Eagle Bancshares also holds the Tucker Federal Bank, which is one of the ten biggest banks in the metropolitan Atlanta region as far as deposit market share is concerned. One of the major benefits of this acquisition is that this acquisition enables the RBC to go ahead with its growth operations in the North American market. With the help of this acquisition RBC has got a chance to deal in the financial market of Atlanta , which is among the leading upcoming financial markets in the USA. This move would allow RBC to diversify its base of operations.
