Dictionary of Business Terms: synergy
synergy
action of a combined enterprise to produce results greater than the sum of the separate enterprises. For example, a merger of two oil companies, one with a superior distribution network and the other with more reserves, would have synergy and would be expected to result in higher earnings per share than before.
Dictionary of Finance and Investment Terms: synergy
synergy
ideal sought in corporate mergers and acquisitions that the performance of a combined enterprise will exceed that of its previously separate parts. For example, a merger of two oil companies, one with a superior distribution network and the other with more reserves, would have synergy and would be expected to result in higher earnings per share than previously.
