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1) A Consolidation: a) has the same result as a merger b) is the most typical...

1) A Consolidation:

a) has the same result as a merger

b) is the most typical form of a business combination

c) is generally illegal in contrast to mergers

d) requires assent ( approval of both boards and shareholders)

please explain a little why its the answer. thanks

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Answer #1
Option D is the answer
Consolidation means that two companies merge or amalgamate into a large company. This process needs the approval of both the company's board of directors and the shareholders

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