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Question 9 If General Electric, a U.S. based corporation, purchased a 51 percent interest in a...

Question 9

  1. If General Electric, a U.S. based corporation, purchased a 51 percent interest in a company in Italy, that purchase would be an example of a(n):

    wholly-owned subsidiary.

    minority acquisition.

    outright stake.

    majority acquisition.

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Ans) Correct Option is Majority Acquisition.

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