Asked by Hayden Benedict on Jun 11, 2024
Verified
Vinzo Pharmaceuticals and Aurora Medicines combined their businesses to create a new company, Aurora Pharmaceuticals Inc. This is an example of a(n)
A) acquisition.
B) takeover.
C) partnership.
D) strategic alliance.
E) merger.
Merger
The combination of two or more companies into a single entity, where one survives and the others cease to exist.
Vinzo Pharmaceuticals
A hypothetical or specific company involved in the research, development, and distribution of pharmaceutical products.
- Identify the repercussions of mergers, acquisitions, and differing corporate strategies on human resources.
Verified Answer
PP
Peyton PhillipsJun 13, 2024
Final Answer :
E
Explanation :
Vinzo Pharmaceuticals and Aurora Medicines combined their businesses to create a new company, Aurora Pharmaceuticals Inc., indicating a merger as both companies are joining together to form a new entity.
Learning Objectives
- Identify the repercussions of mergers, acquisitions, and differing corporate strategies on human resources.