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A consolidation is the combining of firms such that: Question 21 options: The bidder and the target firms are unrelated. The acquired firm is completely

A consolidation is the combining of firms such that:

Question 21 options:

The bidder and the target firms are unrelated.

The acquired firm is completely absorbed by the acquirer such that the acquired firm ceases to exist.

A new firm is created and both the acquired and the acquiring firms cease to exist.

Vertical integration occurs.

Horizontal integration occurs.

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