Stone Inc Has Just Been Through a Friendly Takeover

Multiple Choice

Stone Inc. has just been through a friendly takeover. This means that

A) these two firms are in a completely unrelated businesses merge.
B) two firms agree to join together.
C) the acquired company welcomes the acquisition because it may need cash or other benefits which it believes will be available from the other firm.
D) the organization will buy back their own stock from an investor who threatened a hostile takeover.
E) the two firms were direct competitors before the merger and now will not compete with each other after the merger.