A twist: An unexpected change or development in a story or situation.

High stakes: A situation with significant potential consequences or risks.

A lot to juggle: Having many tasks or responsibilities to manage simultaneously.

Play out: To unfold, develop, or happen.

Pitfalls: Hidden dangers or difficulties.

A "Oh no" moment: A moment of sudden realization of a problem or mistake.

Belly up: To fail completely or go bankrupt.

Bulletproof: Incapable of failing or being defeated.

Shift gears: To change one's approach or focus.

The flip side: The opposite or contrasting aspect of something.

Gobble up: To consume or acquire quickly and greedily.

A secret weapon: A hidden advantage or resource.

Airtight/Rock solid/Bulletproof: Flawless, perfect, or impenetrable.

Give an edge: To provide an advantage over others.

A game changer: Something that significantly alters a situation or competition.

In a horizontal merger, two companies operating in the same industry and at the same stage of production merge to increase market share and reduce competition. A vertical merger involves companies at different stages of the production process within the same industry, aiming to improve efficiency and control over the supply chain.

Grammar: The Third Conditional

Structure/Formula:

If + past perfect tense, ... would have + past participle

Example:

• If the two companies had not merged horizontally, they would have remained competitors.
• If the car manufacturer had not acquired the tire company (vertical merger), it would have continued to rely on external suppliers.
• If the government had blocked the horizontal merger, the market would have remained more competitive.
• If the vertical merger had failed, the company would not have gained control over its supply chain.

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