Which of the following is a type of merger in which an entirely new firm is created?
A) Composition
B) Synergy
C) Consolidation
D) Assignment

Name: Which of the following is a type of merger in which an entirely new firm is created? A) Composition B) Synergy C) Consolidation D) Assignment
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Question

Quizplus · Accepted Answer

Consolidation is a type of merger where two or more companies combine to form a new entity entirely, rather than one company absorbing the other(s).

Which of the Following Is a Type of Merger in Which