Q13
Buying another company by one company means:
A.
Joint venture
B.
Acquisition
AnswerC.
Amalgamation
D.
Merger
Answer: Option B
Solution
Answer: Option B
Solution:
Buying another company by one company means acquisition. An acquisition is when one company purchases most or all of another company's shares to gain control of that company. Purchasing more than 50% of a target firm's stock and other assets allows the acquirer to make decisions about the newly acquired assets without the approval of the company's shareholders.