A _________ occurs when the operations of the acquiring and target firms are combined in order to achieve economies and thereby cause the performance of the merged firm to exceed that of the pre-merged firm.
A. financial merger
B. hostile takeover
C. operating merger
D. strategic merger
Answer:D
A _________ occurs when the operations of the acquiring and target firms are combined in order to achieve economies and thereby cause the performance of the merged firm to exceed that of the pre-merged firm.
A. financial merger B. hostile takeover C. operating merger D. strategic merger