Horizontal takeover can be best defined as a takeover of:
A)a target company operating in the same line of business as the acquiring company.
B)a target company operating in a different line of business.
C)a company which is a supplier of goods to the acquiring company.
D)a target company in an unrelated type of business.

Question

Quizplus · Accepted Answer

Horizontal takeover refers to the acquisition of a target company that operates in the same line of business as the acquiring company. This type of takeover helps the acquirer to increase its market share, reduce competition, and achieve economies of scale.

Horizontal Takeover Can Be Best Defined as a Takeover Of