A(n) _________ consists of two or more firms combined to form one company.

Question

Quizplus · Accepted Answer

A merger is when two or more firms combine to form one company. An acquisition is when one company acquires another company, usually resulting in the acquired company becoming a subsidiary of the acquiring company. A joint venture is a partnership between two or more companies for a specific project or period of time, but they do not combine to form one company. A vertical merger is when two companies in the same industry, but in different stages of the production process, combine.

A(n) _________ Consists of Two or More Firms Combined to Form