The results of a consolidation are the same as those of a merger.

Name: The results of a consolidation are the same as those of a merger.
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Question

Quizplus · Accepted Answer

Consolidation and merger are two different types of business combinations. In a merger, two companies combine to form a new entity, whereas in a consolidation, two or more companies merge to form a completely new company. The results and outcomes of these two types of business combinations are not the same, hence the statement is false.

The Results of a Consolidation Are the Same as Those