Relier Pairs Restructuring TerminologyVersion en ligne Combine the terms and its definition. par Ritva Ala-Louko 1 Streamlining 2 Downsize 3 Acquisition 4 Takeover 5 Strategic alliance 6 Merger 7 Joint venture 8 Spin-off Cooperation between two or more companies aiming at better results in their operations. An entity formed between two or more parties to undertake economic activity together. A new organization or entity formed by a split from a larger company. The buying of a target company by another company. Making a company’s operations simpler but more effective. A combination of two companies into one larger company. Reducing the number of employees on the operating payroll. A hostile way of gaining control over another company.