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.
You've been briefed with the following facts:
- One firm will survive, the other will disappear or wind up as a subsidiary.
What type of activity is going on?
Answer:
- It's an acquisition.