What is it called when one company seeks to acquire another company?
A)consolidation
B)conglomerate
C)vertical merger
D)takeover

Question

Quizplus · Accepted Answer

When one company seeks to acquire another company, it is known as a takeover. Option A is incorrect because consolidation refers to the merging of two or more companies to form a new entity. Option B is incorrect because a conglomerate is a company that has diversified interests in several different industries. Option C is partially correct, but a vertical merger is when two companies in the same industry but different stages of the supply chain merge.

What Is It Called When One Company Seeks to Acquire