StreakPeaked· Practice

ExamsIBPS POGeneral Awareness

They sought a controlling interest rather than a takeover.

  1. Spend
  2. Buyout
  3. Endorse
  4. Approve

Correct answer: Buyout

Solution

A controlling interest obtained in a company is called a buyout. The other options do not match the meaning of acquiring ownership or control. Therefore, the correct answer is Buyout.

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