It is possible for a reorganization transaction to meet the definition of both a "C" and the acquisitive "D" reorganization.

Question

Quizplus · Accepted Answer

A transaction can meet the criteria for both a "C" reorganization (where a corporation changes its structure) and an acquisitive "D" reorganization (where a corporation acquires another corporation) if certain conditions are met, such as a simultaneous transfer of assets and liabilities between the two corporations.

It Is Possible for a Reorganization Transaction to Meet the Definition