Target Exam

CUET

Subject

Entrepreneurship

Chapter

Entrepreneurial Opportunity

Question:

The BIFR declared a government company as a sick industry. The government decided to sell them to the private sector. Gaurav purchased the public company. Identify the type of Acquisition done.

Options:

Friendly

Reverse

Back flip

Hostile

Correct Answer:

Reverse

Explanation:

The correct answer is Option (2) → Reverse