When one company acquires a company in the same industry, what type of business combination has occurred? Horizontal combination Vertical combination Conglomerate combination All of the above Which of the following combinations would be considered "horizontal"? The two entities are unrelated The two entities are competitors in the same industry The two entities have a potential buyer-seller relationship None of the above describe a horizontal combination Which of the following may management be trying to accomplish when a conglomerate form of business combination is undertaken? Increase efficiency Guarantee a supply of raw materials Capitalize on market synergies Diversify risk across industries. What type of acquisition occurs when the combination is opposed by the acquiree's management? Friendly takeover Tender offer Defensive measure Hostile takeover In an acquisition where there is an exchange of acquirer assets for acquire equity, how does the reported value of the acquiree's net assets change? The net assets increase The net assets decrease There is no change in net assets It is not possible to determine whether net assets will increase or decrease