The combination of two companies that results in the formation of a new corporation is best described as:
A) a merger.
B) an acquisition.
C) a conglomerate.

Name: The combination of two companies that results in the formation of a new corporation is best described as: A) a merger. B) an acquisition. C) a conglomerate.
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Question

Quizplus · Accepted Answer

A merger involves the combination of two companies to form a new entity, where both companies effectively consolidate their assets, staff, and operations under a new corporate structure.

The Combination of Two Companies That Results in the Formation