Question
Firms A and B formally agree to each put up $25 million to create firm C. Firm C will perform environmental testing on the products
Firms A and B formally agree to each put up $25 million to create firm C. Firm C will perform environmental testing on the products produced by both Firm A and Firm B. Which one of the following terms describes Firm C?
Multiple Choice
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Conglomerate
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Going-private transaction
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Joint venture
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Leveraged buyout
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Subsidiary
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Finance for Non Financial Managers
Authors: Pierre Bergeron
7th edition
176530835, 978-0176530839
