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In a True Merger,not a Consolidation,the Acquirer

Question 2

Multiple Choice

In a true merger,not a consolidation,the acquirer


A) and the target firm become a new firm with a new name.
B) accepts the responsibility for the debts of the target firm.
C) ceases to exist as a separate firm.
D) obtains only the assets of the target firm.
E) is totally absorbed by the acquired firm.

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