Question

In a merger: a. two firms combine to create a third separate entity. b. one firm breaks into two firms. c. one firm buys controlling interest in another firm. d. two firms agree to integrate their operations on a relatively coequal basis.

Answer 1

d. two firms agree to integrate their operations on a relatively coequal basis

Step-by-step explanation:

In a merger: two firms agree to integrate their operations on a relatively coequal basis.

Two firms are said to have merged when they agree to integrate or combine their operations on a relatively coequal basis

A merger is the voluntary fusion of two companies on broadly equal terms into one new legal entity. The firms that agree to merge are roughly equal in terms of size, customers, scale of operations, etc.