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A horizontal takeover is: a.The combination of two companies operating at different stages of production within the same industry. b.The combination of two companies operating

A horizontal takeover is:

a.The combination of two companies operating at different stages of production within the same industry.

b.The combination of two companies operating at the same stage of production within the same sector of economic activity.

c.The combination of two companies operating at different stages of production in different industries.

d.None of the above.

I'm opting for B. But I'm still confused if it's within the same sector or different sector of economic activity.

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