The complete absorption of one company by another, where the acquiring firm retains its identity and the acquired firm ceases to exist, is called a _______.

		A. merger
		B. consolidation
		C. tender offer
		D. spinoff
		E. divestiture

A merger in which an entirely new firm is created, with both the acquired and acquiring firms ceasing to exist, is called a _______.

		A. divestiture
		B. consolidation
		C. tender offer
		D. spinoff

1. The acquisition of a firm in the same industry as the bidder is called a:

   		A. Conglomerate acquisition.
   		B. Forward acquisition.
   		C. Backward acquisition.
   		D. Horizontal acquisition.
   		E. Vertical acquisition.

1. The acquisition of a firm whose business is not related to that of the bidder is called a:

   		A. Conglomerate acquisition.
   		B. Forward acquisition.
   		C. Backward acquisition.
   		D. Horizontal acquisition.
   		E. Vertical acquisition.