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Complete each sentence, formula or phrase with the answer that best completes the sentence: 6 In a __________________________ acquisition, both the acquirer and the acquired

Complete each sentence, formula or phrase with the answer that best completes
the sentence:
6 In a __________________________ acquisition, both the acquirer and the acquired are in
the same industry
7 A(n) _________________________is the same as a merger except that an entirely new
firm is created.
8 Tax gains are sometimes sited as a reason for a merger. On such tax gain reason is to
purchase a company with an NOL. NOL stands for __________________________
9 _______________________ and ___________________ came up with Propositions I and II relative to
valuation of levered and unlevered companies both ignoring taxes and with corporate taxes
10 The most basic type of ______________________ is the sale of a division, business unit, segment, or
set of assets to another company. Other types are Carve-Out, and Spin-Off.

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