A firm in a merger transaction that attempts to merge or takeover another company is called the ________.
A) target company
B) holding company
C) acquiring company
D) consolidated company

Question

Quizplus · Accepted Answer

The acquiring company is the firm in a merger transaction that attempts to merge or takeover another company. The target company is the company that is being acquired or taken over. The holding company is a type of parent company that holds stocks of other companies. The consolidated company is the result of the merger or acquisition, where the two companies combine to form a new entity.

A Firm in a Merger Transaction That Attempts to Merge