What is a statutory merger?
belongs to book: ADVANCED ACCOUNTING|Debra C.jeter, Paul K.Chaney|7th edition| Chapter number:1| Question number:8
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total answers (1)
belongs to book: ADVANCED ACCOUNTING|Debra C.jeter, Paul K.Chaney|7th edition| Chapter number:1| Question number:8
total answers (1)
Accounting
When one company acquires all of the net assets of one or more other companies through an exchange of stock, payment of cash, or the issue of debt instruments. The acquiring company remains as the only legal entity, and the acquired company ceases to exist or remains as a separate division of the acquiring company.
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