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Miniature Precision Corporation,a Microprocessor Manufacturer,recently Acquired Cameron-Price,a Plastics Mould Manufacturer

Question 62

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) a leveraged buyout
C) a institutional takeover
D) a hostile takeover

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