Distinguish among a statutory merger, a statutory consolidation,
and a stock acquisition.
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Accounting
Distinguish among a statutory merger, a statutory consolidation,and a stock acquisition.
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A statutory merger is a business combination in which one of the combining entities continues to in existence as a legal entity This treatment differs from the a statutory consolidation where both the of merging entities are terminated and replace by a successor organization A statutory merger is the same as an acquisition where one of the entities survives the
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