One Reason That a Firm Would Choose to Merge or Acquire

question 322

True/False

One reason that a firm would choose to merge or acquire another company would be to gain market share.

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Definitions:

Created

Brought into existence; having been made, formed, or developed from something else or from nothing.

Lessee

A person who acquires the right to possession and use of goods under a lease.

Inspects

To look at something or someone closely and carefully in order to discover information, especially about their quality or condition.

Pays

Relates to the act of settling a debt or fulfilling an obligation, particularly in the context of rendering payment for services or goods received.