The continuity of business enterprise doctrine requires that at least 40% of the target's assets are acquired with stock.

Question

Quizplus · Accepted Answer

The continuity of business enterprise doctrine does not specify a particular percentage of the target's assets that must be acquired with stock. It generally requires that the acquiring company continue the target company's business or use a significant portion of its assets in a business following a merger or acquisition, without specifying a fixed percentage.

The Continuity of Business Enterprise Doctrine Requires That at Least