Question: 1) A Consolidation: a) has the same result as a merger b) is the most typical form of a business combination c) is generally illegal

1) A Consolidation:

a) has the same result as a merger

b) is the most typical form of a business combination

c) is generally illegal in contrast to mergers

d) requires assent ( approval of both boards andshareholders)

please explain a little why its the answer. thanks

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