Asked by Marcos Medina Rodriguez on May 25, 2024
Verified
The largest corporate merger in the history of the world was between
A) AOL and Time Warner.
B) Pfizer and Warner-Lambert.
C) Vodafone Air Touch and Mannesmann.
D) Exxon and Mobil.
Corporate Merger
The combining of assets and operations of two companies to form a single entity, often with the aim of increasing market share or reducing costs.
- Highlight pivotal corporate mergers in history and their consequence on the industry and economy.
Verified Answer
SA
Sakshi AgarwalMay 29, 2024
Final Answer :
C
Explanation :
The largest corporate merger in the history of the world was between Vodafone AirTouch and Mannesmann, a deal valued at approximately $180 billion at the time it was completed in 2000. This merger created the world's largest mobile telecommunications company.
Learning Objectives
- Highlight pivotal corporate mergers in history and their consequence on the industry and economy.