When One fiRm Acquires Another Solely for the Purpose of Diversification

question 298

True/False

When one firm acquires another solely for the purpose of diversification, the merger is called a
horizontal merger.

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Definitions:

Isostatic Rebound

The rise of land masses that were depressed by the huge weight of ice sheets during the last glacial period, through a process of readjustment.

Ice

Water frozen into a solid state, which can appear transparent or a more or less opaque bluish-white color, depending on the presence of impurities.

River Terraces

Step-like landforms alongside rivers, formed by the erosion of sediments and changes in water level.

River Terraces

Step-like landforms found alongside river valleys, created as a river cuts downward into its bed while leaving remnant levels of previous floodplain as terraces.