If two or more companies are merged and only one of them survives while others loose their independent…
In an absorption (merger by absorption), one existing company acquires and absorbs one or more other existing companies, which then lose their separate legal identities and…
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If two or more companies are merged and only one of them survives while others loose their independent entity, it is referred to as
Answer and explanation
Correct answer B
In an absorption (merger by absorption), one existing company acquires and absorbs one or more other existing companies, which then lose their separate legal identities and are dissolved into the surviving acquiring company.
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UGC NET Management