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Tomtit [17]
3 years ago
6

GreyWing Products Inc., a large conglomerate, took over a small startup company that had made some breakthrough innovations in t

he field of telecommunications. This purchase would help GreyWing Products to gain access to the startup company's superior technology and human capital. This transaction is an example of a(n):
A. cartel.
B. joint venture.
C.acquisition.
D. affiliate leadership.
Social Studies
1 answer:
beks73 [17]3 years ago
6 0

The correct answer is letter C

Explanation:  Acquisition of a company is the operation by which one company is absorbed by another, which succeeds in all rights and obligations.

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