横向兼并（横向并购）：是指生产和销售同类产品的竞争企业之间的合并。
Merger between firms that produce and sell the same products, i. e. , between competing firms.
最近，我不得不停下手中其他的活儿，集中精力做一个关于横向并购的研究。
Recently, I had to stop all the other works and have focused on the empirical test of a horizontal merge.
鉴于此，研究医药行业上市公司横向并购风险控制有着非常重要的理论和现实意义。
So it is very important to research on risk-controlling of horizontal M&A of list company in the pharmaceutical industry in either theory or practice.
上世纪80年代以来，西方发达国家逐渐放松了对航空运输业的管制，导致横向并购大量增加。
Since the 80s of last century, Western developed countries are gradually relaxed the control of the air transport industry, which led to a significant increase in merger events.
第一、公司兼并收购，依被并购对象所在行业部门来划分，被分为横向并购、纵向并购，混合并购。
Firstly, according to merger objectives' industry, mergers are often categorized as horizontal, vertical, mixed or conglomerate mergers;
横向并购已经成为企业快速扩张的一种有效手段，而内部供应链的整合将会决定横向并购行为的成败。
Horizontal merger has become an effective means of an enterprises rapid expansion, while the result of internal supply chain integration after merger will determine the success of the merger process.
然后总结了中国航空运输业并购重组的基本情况，并结合南方航空与新疆航空、北方航空的横向并购事件进行了案例研究；
The paper sums up the basic M & A situation of China's air transport industry and makes a case study with the merger events of Southern Airlines, Xinjiang Airlines and Northern Airlines.
按照并购双方行业的相互关系，并购可以分为横向、纵向和混合三种类型。
According to the industries relationships of both sides, we can divide the merger into three types, such as the horizontal, vertical and conglomerate.
横向关联方并购是我国上市公司并购中的一种重要的并购类型。
Merger with related party is an important merger type of listed companies'mergers in China.
横向关联方并购是我国上市公司并购中的一种重要的并购类型。
Merger with related party is an important merger type of listed companies'mergers in China.
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