Kojack Film needs silver to make photographic film. To ensure that they will have an ample supply of silver at a reasonable price, the company purchases a silver mine. This is an example of a(n) _____________.

A) Horizontal acquisition.
B) Hostile takeover.
C) Acquisition of liquid assets.
D) Conglomerate acquisition.
E) Vertical acquisition.

Vertical Acquisition

The purchase of a company that operates within the same industry but at a different level of the supply chain.

Horizontal Acquisition

The process of a company acquiring another company in the same industry to increase its market share.

Hostile Takeover

An acquisition attempt by a company or individual against the wishes of the target company's management and board of directors.