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Streaming Flix purchases New-Classic Entertainment, its direct competitor, by buying most of its stock. In this scenario, Streaming Flix is involved in a(n) Multiple Choice

Streaming Flix purchases New-Classic Entertainment, its direct competitor, by buying most of its stock. In this scenario, Streaming Flix is involved in a(n)

Multiple Choice

vertical merger.
franchise.
acquisition.
conglomerate merger.
leveraged buyout.

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