Florance is a chain of flower shops in the Toronto area. The company recently acquired Knick-knacks, which owns three gift shops. Which of the following is most similar to this acquisition?
A) Construction firm Donaldson acquired Fabrica Textiles as it seemed like a good investment.
B) Faced with mounting raw material costs, I&A Products took over its supplier, BR Corporation.
C) Dallas Shoes buys out RunTime Shoes and expands its distribution channels through RunTime outlets.
D) Toy World acquired Unicorn Children's Books and now retails both toys and books from co-branded outlets.
E) Loblaw's acquired Shopper's Drug Mart as the latter was showing huge profits.
Correct Answer:
Verified
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