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Firm Cease Quiz

The complete absorption of one company by another, wherein the acquiring firm retains its identity and the acquired firm ceases to exist as a separate entity, is called a

A merger in which an entirely new firm is created and both the acquired and acquiring firms cease to exist is called a

A public offer by one firm to directly buy the shares of another firm is called a

The acquisition of a firm in the same industry as the bidder is called a _____ acquisition.

The acquisition of a firm involved with a different production process stage than the bidder is called a _____ acquisition.

The acquisition of a firm whose business is not related to that of the bidder is called a _____ acquisition.

An attempt to gain control of a firm by soliciting a sufficient number of stockholder votes to replace the current board of directors is called a

A business deal in which all publicly owned stock in a firm is replaced with complete equity ownership by a private group is called a

Going-private transactions in which a large percentage of the money used to buy the outstanding stock is borrowed is called a

The positive incremental net gain associated with the combination of two firms through a merger or acquisition is called