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. ------------ means that the two merging companiesbecame history and a new firm

is established

A. Acquisition

B. Merger

C. Joint Venture

D. Both A and B

User Dalgard
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1 Answer

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Answer:

The correct answer is B. Merger means that the two merging companies became history and a new firm is established.

Step-by-step explanation:

A merger refers to the union of two companies that can be seen as equals. Two companies decide to join forces to increase the strength of their assets, have a greater market and consumer base and ultimately obtain greater profits. The two companies or corporations become joint property and are registered as a new legal entity, which has a different identity from that of the two companies that joined for the merger.

User Gerald Hughes
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