A business combination in which the acquired company's assets and liabilities are combined with those of the acquiring company into a single entity is defined as:

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A statutory merger is a type of business combination where the acquired company's assets and liabilities are combined with those of the acquiring company into a single legal entity. It is also known as a consolidation or a conventional merger. In such a merger, the acquiring company assumes the identity of the target company, which ceases to exist as a separate entity. This process requires approval from both companies' shareholders and compliance with relevant laws and regulations.

A Business Combination in Which the Acquired Company's Assets and Liabilities