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A merger is a process whereby the assets of two or more companies are combined into one new company. A new company is usually formed,
A merger is a process whereby the assets of two or more companies are combined into one new company. A new company is usually formed, the acquired companies cease to exist as separate entities and the shareholders of the new company are the shareholders of the original companies.
Critically discuss the main difference between Purchase of Shares versus Purchases of Assets.
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Frank Woods Business Accounting Volume 1
Authors: Frank Wood, Alan Sangster
11th Edition
0273712128, 978-0273712121
