With regard to common M&A strategies, which of the following statements are false: a. An oil refiner buying an oil produ

[answerhappygod]

With regard to common M&A strategies, which of the followingstatements are false:
a.
An oil refiner buying an oil producer is an example of backwardintegration
b.
A company motivated to "eat or be eaten" by merging with asmaller competitor is adopting a defensive strategy
c.
Geographic roll-ups are initiated by "consolidators" infragmented industries
d.
Achieving economies of scale is rarely the primary motive for atakeover
e.
All of the options are correct