Mergers, Acquisitions, & Consolidations
Lesson:
Businesses don't always stay independent.
There are three major types of ways this can happen: mergers, acquisitions, and consolidations.
One of your clients is talking about the future of his business.
The only relevant information you've discovered is as follows:
- One firm will survive, the other will disappear.
What type of activity is going on?
Answer:
- It's a merger.