A(n) ________ is a situation in which one corporation is absorbed into another corporation and ceases to exist.

Question

Quizplus · Accepted Answer

A merger is a type of corporate transaction in which one company buys or combines with another company, resulting in the acquired company ceasing to exist as a separate entity. The other options are not correct: an alliance is a strategic partnership between two or more companies, a share exchange is a transaction in which one company exchanges its shares for the shares of another company and a coalition is a temporary partnership between companies or organizations for a specific purpose.

A(n) ________ Is a Situation in Which One Corporation Is