Business, 31.03.2020 02:25, pandaho

A pharmaceutical giant acquires a manufacturer of rare specialty drugs to improve its falling share prices and invests all its wealth into the deal. Due to a deficit, it agrees to do a joint venture for the acquisition and involves a major automobile giant to fund the deal. After a rocky start, the companies now have a strong market position and generate good profits. How would you characterize this company's strategy

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A pharmaceutical giant acquires a manufacturer of rare specialty drugs to improve its falling share...