Many mergers are taking place so that top firms can avoid being taken over themselves.

Question

Quizplus · Accepted Answer

Mergers and acquisitions are strategic moves by companies, including top firms, to strengthen their market position, gain competitive advantages, and reduce the risk of being acquired by competitors or larger entities. By merging with or acquiring other companies, they can expand their capabilities, access new markets, and increase their market share, making them less vulnerable to hostile takeovers.

Many Mergers Are Taking Place So That Top Firms Can