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    Congeneric Merger: Overview, Types, Example

    • A congeneric merger is a type of merger where two companies are in the same or related industries or markets but do not offer the same products. In a congeneric merger, the companies may sha… See more

    Understanding Congeneric Mergers

    A congeneric merger can allow a target and its acquirer to take advantage of overlapping technology or production processes to expand their product line or increase th… See more

    Investopedia
    Types of Mergers

    In addition to congeneric mergers, there are several other merger types, such as … See more

    Investopedia
    Real World Example of A Congeneric Merger

    An example of a congeneric merger is when banking giant Citicorp merged with financial services company Travelers Group in 1998. In a deal valued at $70 billion, the t… See more

    Investopedia
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