The Manager of Posh & Nails that is based in Sta Monica, Puerto Princesa is seeking to grow their business. Posh & Hairs that is based in Sicsican is the Posh & Nails number one competitor. Due to pandemic, and after a long day of due diligence and negotiation they agree that if they combine their businesses they'll enjoy significant synergies. How would you best describe the combination of the businesses      A. Merger B. Acquisition C. Merger & Acquisition

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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The Manager of Posh & Nails that is based in Sta Monica, Puerto Princesa is seeking to grow their business. Posh & Hairs that is based in Sicsican is the Posh & Nails number one competitor. Due to pandemic, and after a long day of due diligence and negotiation they agree that if they combine their businesses they'll enjoy significant synergies. How would you best describe the combination of the businesses 
 
 
A. Merger
B. Acquisition
C. Merger & Acquisition
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