The complete absorption of one company by another,wherein the acquiring firm retains its identity and the acquired firm ceases to exist as a separate entity,is called a:
A) merger.
B) consolidation.
C) tender offer.
D) spinoff.
E) divestiturE.

Question

Quizplus · Accepted Answer

In a merger, one company absorbs another, and the acquired company ceases to exist as a separate entity, while the acquiring company retains its identity.

The Complete Absorption of One Company by Another,wherein the Acquiring