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Gamma Limited Acquired Shares in Delta Limited

Question 19

Multiple Choice

Gamma Limited acquired shares in Delta Limited.At the time of this acquisition Delta Limited already held shares in Epsilon Limited.This form of acquisition of an indirect ownership interest,by Gamma Limited in Epsilon Limited,is known as:


A) an indirect business combination;
B) an indirect acquisition;
C) a non-sequential acquisition;
D) an unorthodox acquisition.

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