The continuity of business enterprise requires that at least 60% of the target's assets are acquired with stock.

Name: The continuity of business enterprise requires that at least 60% of the target's assets are acquired with stock.
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Question

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The continuity of business enterprise (COBE) doctrine requires that a substantial part of the target's assets or business be acquired with stock, but it does not specify a fixed percentage like 60%.

The Continuity of Business Enterprise Requires That at Least 60