Which of the following best describes the meaning and use of the phrase merger of equals in the article Scenes from a marriage?

A. Although nominally equal partners, Chrysler would dominate Daimlers board of directors

B. Chrysler would agree to a merger with Daimler, but only if the newly-formed company retained its former identity and decision-making power

C. Fiat would agree to buy Chrysler from Daimler, but only if the new Fiat-Chrysler had two CEOs

D. Fiat would not agree to merge with Chrysler unless Chryslers debt were cleared through US bankruptcy proceedings