Multiple Choice
The Cat Box acquired The Dog House. As part of this transaction, both firms ceased to exist in their prior form and combined to create an all-new entity, Animal World. Which one of the following terms best describes this transaction?
A) Divestiture
B) Consolidation
C) Tender offer
D) Spinoff
E) Conglomeration
Correct Answer:
Verified
Correct Answer:
Verified
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