Steel Tool Corporation and Thrifty Hardware Company combine so that all that remains after the papers have been signed is Steel Tool. This is

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A merger is when two companies combine to form a new entity, which is what happened when Steel Tool Corporation and Thrifty Hardware Company combined. A consolidation would involve the two companies merging into an existing entity, which is not what occurred. A purchase of assets or stock would involve one company buying a portion or all of another company, which is also not what happened in this scenario.

Steel Tool Corporation and Thrifty Hardware Company Combine So That