A(n)________ acquisition occurs when one company tries to take control over another company against its wishes.
A)proxy
B)hostile
C)horizontal
D)extension

Question

Quizplus · Accepted Answer

A hostile acquisition occurs when one company tries to take control over another company against its wishes. The target company may resist the acquisition or attempt to find ways to make it more difficult or expensive for the acquiring company to take control.

A(n)________ Acquisition Occurs When One Company Tries to Take Control