Examlex
Which of the following CANNOT be described using the PLC concept?
Horizontal Acquisition
The process of a company acquiring another company in the same industry to increase its market share.
Hostile Takeover
An acquisition attempt by a company or individual against the wishes of the target company's management and board of directors.
Amalgamation
The merger or consolidation of two or more companies into a new entity, combining their assets, liabilities, and operations.
Consolidation
A merger in which a new firm is created and both the acquired and acquiring firm cease to exist.
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