Question: First Region Widgets, based in the Midwest and with a strong presence in the Northeast, would like to expand into the Southwest or West. To

First Region Widgets, based in the Midwest and with a strong presence in the Northeast, would like to expand into the Southwest or West. To accomplish this goal, it is considering a cash and stock purchase of either Mile-High Widgets, based on Denver, or Bayou Widgets of Baton Rouge. Which best describes First Region?

A financial buyer

A leveraged buyout buyer

An opportunistic buyer

A strategic buyer

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