Define each of the following terms:

a. Synergy; merger

b. Horizontal merger; vertical merger; congeneric merger; conglomerate merger

c. Friendly merger; hostile merger; defensive merger; tender offer; target company; breakup value; acquiring company

d. Operating merger; financial merger

e. Free cash flow to equity

f. Acquisition accounting

g. White knight; poison pill; golden parachute; proxy fight

h. Joint venture; corporate alliance

i. Divestiture; spinoff; leveraged buyout (LBO)

j. Arbitrage; risk arbitrage