Kaolin is a fine white clay used in making paper,paint,ceramics,and fiberglass.Two kaolin producers,Imetal SA and English Clay China International Inc. ,each produce about 8 million tons of kaolin a year.In 2008 these two firms were joined together in a(n) :
A) merger
B) diversification
C) acquisition
D) divestment
E) spin-off
Correct Answer:
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