ABC Corporation combines with DEF, Inc. ABC ceases to exist. DEF is the surviving firm. Global Corporation
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ABC Corporation combines with DEF, Inc. ABC ceases to exist. DEF is the surviving firm. Global Corporation and Hometown Company combine. Afterward, Global and Hometown cease to exist. GH, Inc., a new firm, functions in their place. Which of these combinations is a merger and which is a consolidation?
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The first combination is a merger while the second is a consolidation In a merger two compa...View the full answer
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Business Law Today Comprehensive Text And Cases Diverse Ethical Online And Global Environment
ISBN: 9781285428932
10th Edition
Authors: Roger LeRoy Miller
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