Asked by
SKARLETTE ROJAS
on Dec 02, 2024
Verified
In a merger, all but one of the combining firms ceases to exist as a legal entity.
Legal Entity
is an organization or entity that has legal rights and obligations, including the capability to enter into contracts and loans, sue, and be sued.
Merger
The combination of two or more companies into a single entity, usually to achieve synergies or improve competitive positioning.
- Realize the significance of mergers and acquisitions on the organizational construct, such as consolidation and the process of becoming a subsidiary.
Verified Answer
IR
Learning Objectives
- Realize the significance of mergers and acquisitions on the organizational construct, such as consolidation and the process of becoming a subsidiary.