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Answer Posted / m.s.s.v.sri kumar
Acquisition is nothing but a Company(which is registered
under the Companies Act)if it purchase the proprietary
firms(either sole trader or partnership ship firms)then it
is called as acquisition.
If a company (which is registered under the
Companies Act)if it purchased an other company it is called
as either Amalgamation or Absorption.
| Is This Answer Correct ? | 17 Yes | 18 No |
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