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PQR Ltd. Is a profit-making company. It is absorbed into another group company XYZ Ltd. Which is a loss Company. This case is off

Question:

PQR Ltd. Is a profit-making company. It is absorbed into another group company XYZ Ltd. Which is a loss Company. This case is off

A.

hostile takeover bid

B.

horizontal merger

C.

reverse merger

D.

takeover

Answer» c. reverse merger

Note: The above multiple-choice question is for all general and Competitive Exams in India