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IBM Purchased MRO Software Inc

Question 63

Multiple Choice

IBM purchased MRO Software Inc.for $740 million.MRO was a niche provider of software and services to help customers including nuclear power plants and oil companies.IBM, plans to fold MRO into its software unit.This is an example of a(n) :


A) joint venture
B) merger
C) conglomerate
D) voluntary union
E) acquisition

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