A business combination in which the boards of directors of the potential combining companies negotiate mutually agreeable terms is a(n):
A) agreeable combination.
B) friendly combination.
C) hostile combination.
D) unfriendly combination.

Question

Quizplus · Accepted Answer

A business combination where the boards of directors of the companies involved negotiate mutually agreeable terms is known as a friendly combination. This contrasts with a hostile combination, where one company attempts to take over another without the agreement or cooperation of the target company's board.

A Business Combination in Which the Boards of Directors of the Potential