A business combination of two or more companies in which the resulting firm maintains the identity of the acquiring company is defined as a:
A) consolidation.
B) holding company.
C) conglomerate.
D) statutory amalgamation.

Question

Quizplus · Accepted Answer

A statutory amalgamation is a type of business combination where the acquiring company maintains its identity, while the acquired company ceases to exist as a separate entity.

A Business Combination of Two or More Companies in Which