The acquisition of a firm in the same industry as the bidder is called a ________ acquisition.

Name: The acquisition of a firm in the same industry as the bidder is called a ________ acquisition.
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A horizontal acquisition is when a firm acquires another firm that operates in the same industry and at the same stage of the production process. This acquisition aims at gaining market share, reducing competition, and increasing synergies.

The Acquisition of a Firm in the Same Industry as the Bidder