Choose the appropriate terms to complete the sentence below - Leaving Cert Business - Question 8 - 2020
Question 8
Choose the appropriate terms to complete the sentence below. (Two terms do not apply.)
A __________ is when one company takes control of another by buying more than... show full transcript
Worked Solution & Example Answer:Choose the appropriate terms to complete the sentence below - Leaving Cert Business - Question 8 - 2020
Step 1
A __________ is when one company takes control of another by buying more than 50% of its shares
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Answer
A takeover is when one company takes control of another by buying more than 50% of its shares.
Step 2
while a __________ is when two separate businesses voluntarily agree to join together permanently to form a new business.
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Answer
while a merger is when two separate businesses voluntarily agree to join together permanently to form a new business.
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