Review financial news sources such as Yahoo! Finance (finance.yahoo.com) and Google Finance (google.com/finance). Identify a company that

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Review financial news sources such as Yahoo! Finance (finance.yahoo.com) and Google Finance (google.com/finance). Identify a company that has recently purchased 50% or more of another company’s outstanding shares and will report consolidated financial statements.

Required
1. Identify whether the acquired company is a supplier, customer, competitor, or unrelated company relative to the purchasing company.
2. What does the purchasing company hope to accomplish with the investment? What is its strategy?

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Related Book For  answer-question

Financial Accounting Fundamentals

ISBN: 978-1259726910

6th edition

Authors: John Wild, Ken Shaw, Barbara Chiappetta

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