Amalgamation (Noun)
Meaning
The combination of two or more commercial companies.
Classification
Nouns denoting acts or actions.
Examples
- The merger between the two tech companies resulted in a successful amalgamation, increasing their market share and revenue.
- The board of directors approved the amalgamation of the rival firms, creating a single entity with a stronger presence in the industry.
- The company's acquisition and subsequent amalgamation of several smaller businesses helped it expand its product line and customer base.
- Despite initial concerns, the amalgamation of the two energy companies proved beneficial, leading to improved efficiency and reduced costs.
- The law firm advised its clients on the intricacies of corporate law and facilitated a smooth amalgamation of the three merged companies.