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Miniature Precision Corporation,a Microprocessor Manufacturer,recently Acquired Cameron-Price,a Plastics Mould Manufacturer

question 62

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Miniature Precision Corporation,a microprocessor manufacturer,recently acquired Cameron-Price,a plastics mould manufacturer.Miniature Precision financed the transaction with 90 percent borrowed money and used Cameron-Price's assets as collateral.What is this type of merger commonly known as?


Definitions:

Reliable Vendor

A trustworthy and dependable supplier or provider of goods or services.

Process Orders

This refers to the procedural steps taken to fulfill requests or instructions, often seen in logistics, manufacturing, and commerce.

Fair Prices

Prices considered reasonable, just, and equitable for both consumers and producers.

Clinical Supplies

Items and equipment used in clinical settings for medical treatment and procedures.

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