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In a true merger, not a consolidation, the acquirer A.and the target firm become a new firm with a new name. B.accepts the responsibility for
In a true merger, not a consolidation, the acquirer
A.and the target firm become a new firm with a new name.
- B.accepts the responsibility for the debts of the target firm.
- C.ceases to exist as a separate firm.
- D.obtains only the assets of the target firm.
- E.is totally absorbed by the acquired firm.
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Personal Finance Turning Money into Wealth
Authors: Arthur J. Keown
8th edition
134730364, 978-0134730363
