A(an) ____ occurs when one firm buys a controlling, or 100% interest, in another firm.
A) merger
B) acquisition
C) spin-off
D) restructuring

Question

Quizplus · Accepted Answer

An acquisition is the purchase of a controlling interest in another firm. A merger is a combination of two firms into a new entity, while a spin-off involves a company breaking off a portion of its business to create a new separate company. Restructuring refers to a company's internal changes to improve operations and profitability.

A(an) ____ Occurs When One Firm Buys a Controlling, or 100