Miniature Precision Corporation, a Microprocessor Manufacturer, Recently Acquired Cameron-Price, a Plastics
Multiple Choice
Miniature Precision Corporation, a microprocessor manufacturer, recently acquired Cameron-Price, a plastics mould manufacturer. Miniature Precision financed the transaction with 90 percent borrowed money and used Cameron-Price's assets as collateral. What is this type of merger commonly known as?
A) greenmail
B) leveraged buyout
C) institutional takeover
D) hostile takeover
Correct Answer:
Verified
Correct Answer:
Verified
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