 #1 (permalink) Mon Feb 22, 2010 17:35 pm Difference among alliances, mergers, acqusitions and consoloidations |
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 Business English Lesson, Advanced Level
ESL/EFL Test #455 "Converting Free Reserves", question 2
The Times has learnt that NTL, the US-listed $5.64 billion cable operator, has held talks with City financiers; it has been persuaded by UK bankers of the benefits of a ......... listing on the London exchange after its expected merger with Telewest.
(a) secondary
(b) subordinate
(c) subsequent
(d) subsidiary
Business English Lesson, Advanced Level
ESL/EFL Test #455 "Converting Free Reserves", answer 2
The Times has learnt that NTL, the US-listed $5.64 billion cable operator, has held talks with City financiers; it has been persuaded by UK bankers of the benefits of a secondary listing on the London exchange after its expected merger with Telewest.
Correct answer: (a) secondary
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difference among alliances,mergers,acqusitionsand consoloidations
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