Which of the following is a type of merger in which an entirely new firm is created?

Name: Which of the following is a type of merger in which an entirely new firm is created?
Brand: Quizplus
Rating: 4.8 (54 reviews)

Question

Quizplus · Accepted Answer

A consolidation merger creates an entirely new firm by combining two or more existing companies. The new company is typically formed through the issuance of stock to the shareholders of the original companies. This differs from other types of mergers, such as acquisitions, where one company absorbs or takes over another company.

Which of the Following Is a Type of Merger in Which