A legal transaction in which two or more organizations combine operations through an exchange of stock is called a(n)

Question

Quizplus · Accepted Answer

A merger involves the combination of operations between two or more organizations through an exchange of stock. An acquisition refers to one organization purchasing and taking control of another organization, while a takeover involves an aggressive acquisition attempt by one organization towards another. A repurchase refers to an organization buying back its own stock.

A Legal Transaction in Which Two or More Organizations Combine