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Read the article below about mergers and acquisitions. Choose the correct word or words to fill each gap from A, B, C or D on th
Read the article below about mergers and acquisitions. Choose the correct word or words to fill each gap from A, B, C or D on th
admin
2018-06-30
20
问题
Read the article below about mergers and acquisitions.
Choose the correct word or words to fill each gap from A, B, C or D on the opposite page.
For each question(21-30), mark one letter(A, B, C or D)on your Answer Sheet.
There is an example at the beginning(0)
Mergers and Acquisitions
Mergers and Acquisitions refers to the aspect of corporate strategy, corporate finance and management(0). D.... with the buying, selling and combining of different companies that can aid, finance, or help a growing company in a given industry grow【C1】______without having to create another business entity.
In business or economics a merger is a【C2】______of two companies into one larger company. Such actions are commonly【C3】______and involve stock swap or cash payment to the target. Stock swap is often used as it allows the shareholders of the two companies to【C4】______ the risk involved in the deal. A merger can resemble a takeover but result【C5】______a new company name and in new branding; in some cases,【C6】______the combination a "merger" rather than an acquisition is done purely for political or marketing reasons.
An acquisition, also known as a takeover or a buyout, is the buying of one company by another. An acquisition may be friendly or hostile. In the【C7】______ case, the companies cooperate in negotiations; in the latter case, the takeover target is【C8】______to be bought or the target’s board has no prior knowledge of the offer. Acquisition usually refers to a purchase of a smaller firm by a larger one. Sometimes,【C9】______, a smaller firm will acquire management control of a larger or longer established company and keep its name for the combined entity. The acquisition process is very complex, with many dimensions influencing its【C10】______
Example:
A coping B connecting C concerning D dealing
【C7】
选项
A、earlier
B、later
C、former
D、latter
答案
C
解析
词义辨析题。A项意为。早期的,初期的”;B项意为“后期的,以后的”;C项意为“(两者中的)前者”;D项意为“(两者中的)后者”。根据整句意思,可以判定选择C项。
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BEC高级阅读题库BEC商务英语分类
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