Which of the Following Statements Is Most Correct? in the Context

question 24

Multiple Choice

Which of the following statements is most correct? In the context of corporate groups an example of horizontal integration would be when:

• A)A television station obtains control over a rival television station
• B)A coal company obtains control over a steelworks
• C)An investment bank makes a private equity bid for an airline
• D)A privately owned grocery chain lists on the stock exchange.

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Definitions:

Board of Directors

A group of individuals elected by shareholders to oversee the management and make major decisions for a corporation.

Hostile Takeover

An acquisition attempt by a company or individual against the wishes of the target company's management and board of directors.

Shareholder Approval

The process of obtaining consent from shareholders, typically through voting, for corporate actions or decisions.

Asset Purchase

A transaction where a buyer acquires specific assets and liabilities from a seller rather than buying the company's stock.