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Principles of Economics 2e

2nd Edition
Steven A. Greenlaw; David Shapiro
ISBN: 9781947172364

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BuyFindarrow_forward

Principles of Economics 2e

2nd Edition
Steven A. Greenlaw; David Shapiro
ISBN: 9781947172364
Textbook Problem

What is a corporate merger? What is an acquisition?

To determine

Define Corporate Merger and Acquisition.

Explanation

A corporate merger is defined as a situation in which two or more different individual firms combine to make a large individual firm.

So, the joining of two or more companies to achieve greater efficiencies of scale and productivity is termed as a Merger.

The acquisition is when a firm or a company purchases another company...

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