Firm A and Firm B join to create Firm AB.This is an example of:
A)a tender offer.
B)an acquisition of assets.
C)an acquisition of stock.
D)a consolidation.
E)a merger.

Name: Firm A and Firm B join to create Firm AB.This is an example of: A)a tender offer. B)an acquisition of assets. C)an acquisition of stock. D)a consolidation. E)a merger.
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Question

Quizplus · Accepted Answer

A consolidation occurs when two or more firms combine to form a new entity, as in the case of Firm A and Firm B joining to create Firm AB.

Firm a and Firm B Join to Create Firm AB