If TCorporation Acquires S Corporation by exchanging T stock for 100% of the S Stock, and the S shareholders own more than 50% of the outstanding value of T stock, which of the following is most accurate?

A: In Substance, T Corporation will be the parent company of the T-S affiliated group.

B. S Corporation becomes a shell corporation.

C. T and S are required to file consolidated returns.

D. A reverse acquisition has taken place