M&A 체계도

                                          ┌ 흡수합병

                               ┌ 합병 ┼

                               │        └ 신설합병

         ┌ 우호적 M&A ┼

         │                   │        ┌ 자산인수

         │                   │        │                 ┌ 영업의 전부양도

         │                   └ 인수 ┼ 영업양수도 ┤

         │                              │                 └ 영업의 일부양도

         │                              │                                     ┌ 지배주식의 양도

         │                              │                    ┌ 주식양도 ┼ 시장매수

         │                              │                    │              └ 공개매수

         │                              └─ 주식인수 ─┤

M&A  │                                                     │              ┌ 제3자 신주배정

         │                                                     └ 신주인수 ┼ 전환사채신주

         │                                                                      └ 인수권부사채

         │                                    ┌ 시장매수

         │                   ┌ 주식취득 ┼ 공개매수

         ├ 적대적 M&A ┤              └  전환사채

         │                   └ 위임장쟁탈

         │                                    ┌ 시장매수

         │                   ┌ 주식취득 ┼공개매수

         └ 중립적 M&A │              └전환사채

                               └ 위임장 쟁탈

출처 : M&A 전략과 실전사례(매일경제신문사)