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ATT purchased Time Warner for 8 5 billion USD in 2 0 1 8 and then turned around and spun off its Time Warner assets

ATT purchased Time Warner for

85

billion USD in

2018

and then turned around and spun off its Time Warner assets for only

43

billion USD. This is an example of a failed

Multiple Choice

backward integration.

forward integration.

acquisition.

vertical integration.

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