Practicing Success

Target Exam

CUET

Subject

Entrepreneurship

Chapter

Enterprise growth Strategies

Question:
A very rare case of acquisition in which the purchasing company becomes a subsidiary of the purchased company. This kind of acquisition is known as :
Options:
Friendly acquisition
Reverse acquisition
Back flip acquisition
Hostile acquisition
Correct Answer:
Back flip acquisition
Explanation:
Back flip acquisition: A very rare case of acquisition in which the purchasing company becomes a subsidiary of the purchased company.