When a company absorbs another company, what happens to the absorbed company? O a. The absorbed company retains its separate legal existence. Ob. The absorbed company is dissolved and ceases to exist. Oc. The absorbed company becomes a subsidiary of the absorbing company. Od. The absorbed company issues new shares to its shareholders.What is the key difference between amalgamation and absorption? Oa. Amalgamation involves the combination of two or more companies, while absorption involves one company absorbing another. Ob. Amalgamation results in the dissolution of one company, while absorption does not. Oc. Amalgamation requires the approval of shareholders, while absorption does not. Od. Amalgamation involves the issuance of new shares, while absorption does not