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Merger
?
In a merger the:
legal status of both the acquiring firm and the target firm is terminated.
acquiring firm retains its name and legal status.
acquiring firm acquires the assets but not the liabilities of the target firm.
stockholders of the target firm have little, if any, say as to whether or not the merger occurs.
Show Result
Correct
- Your answer is correct.
Wrong
- Your answer is wrong.
Detailed Answer
Correct answer: (A)
legal status of both the acquiring firm and the target firm is terminated.
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