Which of the following are true of a Stock$-$for$-$Stock Acquisition?

$($i$)$ The shareholders of the Acquiring Firm maintain complete control of the merged firm.

$($ii$)$ The shareholders of the Target Firm maintain Equity Ownership and do not need to pay Capital Gains Taxes.

Group of answer choices

Only $($ii$)$ is True.

Both are True.

Only $($i$)$ is True.

Both are False.