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Blue Work LLC, a Software Company, Purchased an Electronics and Electrical

Question 30

Multiple Choice

Blue Work LLC, a software company, purchased an electronics and electrical company and implemented its resources and technologies in the target company. Blue Work changed the entire culture and brand of the target company and introduced its own culture such that the identity of the target company disappeared. Blue Work benefitted from this acquisition and witnessed a significant growth. This type of acquisition is known as a _________.


A) greenfield entry
B) takeover
C) union
D) merger

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