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Posted On: 04/03/2022 8:02:29 PM
Post# of 85938
Good point I found this when I typed in major business consolidation,..
What is a business consolidation?
A business consolidation is the combination of two or more corporations that join together to become a completely new company. The new company, or successor company, now owns all the assets and liabilities of the previous corporations. The new consolidated company may establish a new name instead of retaining one of the original company's names.
What is a business consolidation?
A business consolidation is the combination of two or more corporations that join together to become a completely new company. The new company, or successor company, now owns all the assets and liabilities of the previous corporations. The new consolidated company may establish a new name instead of retaining one of the original company's names.
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