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2 . (10 points) Fairfax Corporation acquires 100% of the outstanding common stock of the Wesson Corporation from Wesson shareholders in exchange solely for newly

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2 . (10 points) Fairfax Corporation acquires 100% of the outstanding common stock of the Wesson Corporation from Wesson shareholders in exchange solely for newly issued Fairfax voting common stock. Which type of reorganization is this? a. Type A reorganization b. Type B reorganization c. Type C reorganization d. Type D reorganization A owns 100% of T Corp. B owns 100% of P Corp. T merges into P in accordance with state corporate merger law and becomes TP Corp. As a result of the merger, A receives TP voting stock worth $58. B receives TP voting stock worth $90. Which type of reorganization is this? a. Type A reorganization b. Type B reorganization Type C reorganization d. Type D reorganization c

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