Where an acquiree liquidates, the balance of the Shareholders' Distribution account is transferred to the Liquidation account.

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In the event of an acquiree liquidating, the balance of the Shareholders' Distribution account is typically transferred to the shareholders directly, not to a Liquidation account. The Liquidation account is used to aggregate the assets and liabilities during the liquidation process, not to hold distributions for shareholders.

Where an Acquiree Liquidates, the Balance of the Shareholders' Distribution