Question: What is the difference between a merger and an acquisition? A merger is a contract whereby a new company is created and to effectuate such

What is the difference between a merger and an acquisition?

A merger is a contract whereby a new company is created and to effectuate such contract one needs no unanimity among selling shareholders; in contrast, an acquisition is a sales contract whereby one requires unanimity among selling shareholders.

An Acquisition is a contract whereby a new company is created and to effectuate such contract one needs no unanimity among selling shareholders; in contrast, a merger is a sales contract whereby one requires unanimity among selling shareholders.

Mergers and Acquisitions are the same conceptual legal format for two firms to merge

Mergers refer to the purchase of a larger firm while an acquisition refers to the purchase of a smaller firm

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