The combination of two companies that join to form one company is called a:
A)joint venture
B)merger
C)conglomerate
D)cartel
E)voluntary union

Question

Quizplus · Accepted Answer

A merger is when two companies combine to form a single new company. This process involves the consolidation of assets and liabilities under one entity, often to expand market reach, diversify products or services, or achieve economies of scale.

The Combination of Two Companies That Join to Form One