Match List-I with List-II.
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List I Concepts |
List II Terms |
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(A) Company A + Company B = Company C |
(I) Back flip acquisition |
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(B) Cost saving as a result of a merger |
(II) Amalgamation |
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(C) Private company takes over public company |
(III) Reverse Acquisition |
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(D) Take over where buying company becomes subsidiary of purchased company |
(IV) Operational synergy |
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 2
Back flip acquisition: A very rare case of acquisition in which the purchasing company becomes a subsidiary of the purchased company.
Reverse acquisition : A private company takes over a public company.
Amalgamation: Here two entities combine together and form a new entity, extinguishing both the existing entities.
Operational Synergy: Cost saving as a result of a merger