Dennis, the owner of a hardware store, has agreed to sell his business to another local hardware store owner. This transaction would likely be described as a sale to a _____ buyer.

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Quizplus · Accepted Answer

A strategic buyer is someone who is interested in acquiring another company for reasons beyond just the financial value. In this case, the local hardware store owner may be interested in acquiring Dennis's hardware store to expand their own business and compete more effectively in the market.

Dennis, the Owner of a Hardware Store, Has Agreed to Sell