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horchata
horde
horehound
horizon
horizontal
horizontal bar
horizontal discount
horizontal equity
horizontal integration
horizontal merger
horizontal mobility
horizontal restriction
horizontal spread
horizontal union
Horlivka
hormogonium
hormonal humor
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horizontal integration
hor·i·zon·tal in·te·gra·tion


noun 
Definition:
 
merger of similar companies: a merger or takeover between two or more companies with the same business activities.
See also  backward integrationforward integrationvertical integration
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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