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Mall Stores Corporation Owns 95 Percent of the Shares of Niche

Question 52

Multiple Choice

Mall Stores Corporation owns 95 percent of the shares of Niche Retail Corporation. Through a certain transaction, Mall Stores combines with Niche Retail, but only Mall Stores continues to exist. This is


A) a consolidation.
B) a share exchange.
C) a short-form merger.
D) a termination.

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