In a merger the:
A) legal status of both the acquiring firm and the target firm is terminated.
B) acquiring firm retains its name and legal status.
C) acquiring firm acquires the assets but not the liabilities of the target firm.
D) equityholders of the target firm have little,if any,say as to whether or not the merger occurs.
E) target firm continues to exist as a subsidiary of the acquiring firm.
Correct Answer:
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