Define and compare the three main types of mergers. Include in your answer the likely source(s) of synergy, if any, in each type. (10 marks) 5. Making sure to define both terms in your answer, discuss the three main considerations a company faces when deciding between (term 1:) spinning-off and (term 2:) selling-off part of itself. Describe when a spin-off is more likely and why. (10 marks)