Which of the Following Accurately Describes a Common Difference Between

Multiple Choice

Which of the following accurately describes a common difference between a merger and an acquisition?

A) A merger tends to include mostly small firms; an acquisition can often involve large firms.
B) A merger involves the combination of three or more firms; an acquisition involved the combination of two firms.
C) A merger involves firms of different size; an acquisition involved firms of the same size.
D) A merger tends to be friendly; an acquisition can be friendly or unfriendly.