What is key difference between a merger and an acquisition

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Problem 1: What is the key difference between a merger and an acquisition?

a) The target firm ceases to exist after a merger, but can continue on after an acquisition.

b) The target firm ceases to exist after an acquisition, but can continue on after a merger.

c) An acquisition requires the approval of both sets of shareholders from the two firms.

d) There is no difference between a merger and an acquisition.

Reference no: EM132809005

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