In a(n)________,two companies create a new,third entity that then purchases the two original companies.
A) limited partnership
B) consolidation
C) acquisition
D) joint venture
E) strategic alliance

Question

Quizplus · Accepted Answer

A)Consolidation is an arrangement in which two companies create a new, third entity that then purchases the two original companies. It is often lumped together with the other merger approaches.
B)Consolidation is an arrangement in which two companies create a new, third entity that then purchases the two original companies. It is often lumped together with the other merger approaches.
C)Consolidation is an arrangement in which two companies create a new, third entity that then purchases the two original companies. It is often lumped together with the other merger approaches.
D)Consolidation is an arrangement in which two companies create a new, third entity that then purchases the two original companies. It is often lumped together with the other merger approaches.
E)Consolidation is an arrangement in which two companies create a new, third entity that then purchases the two original companies. It is often lumped together with the other merger approaches.

In A(n)________,two Companies Create a New,third Entity That Then Purchases