Asked by
Jasmyn Regas
on Dec 08, 2024
Verified
An amalgamation can best be defined as:
A) A combination of firms that have been joined by merger, consolidation or acquisition.
B) The complete absorption of one company by another, where the acquiring firm retains its identity and the acquired firm ceases to exist as a separate entity.
C) A merger in which a new firm is created and both the acquired and acquiring firm cease to exist.
D) A public offer by one firm to directly buy the shares from another.
E) A corporate takeover bid communicated to the shareholders through direct mail.
Amalgamation
The merger or consolidation of two or more companies into a new entity, combining their assets, liabilities, and operations.
Consolidation
A merger in which a new firm is created and both the acquired and acquiring firm cease to exist.
Merger
The combination of two or more companies into one, where one company survives and the others cease to exist, aiming to increase market share and efficiency.
- Determine and discern among the multiple varieties of mergers and acquisitions, including but not limited to horizontal, vertical, and conglomerate.
Verified Answer
CM
Learning Objectives
- Determine and discern among the multiple varieties of mergers and acquisitions, including but not limited to horizontal, vertical, and conglomerate.