Accounting for Shares

General Accounting Principles

Title

45:30

Video Progress

8 of 24 completed

Notes Progress

5 of 15 completed

MCQs Progress

38 of 100 completed

Subjective Progress

8 of 20 completed

Continue to Next Topic

Indian Economy - Understanding the basics of Indian economic system

Next Topic

Download Solution PDF

If Company A purchases the majority shares of Company B, what combination would this be referred to?

Amalgamation

Takeover

Absorption

None of the above

Explanation:

A takeover occurs when one company makes a bid to assume control of or acquire another, often by purchasing a majority stake in the target firm. In the takeover process, the company making the bid is the acquirer while the company it wishes to take control of is called the target

By: honey kaundal

Profile ResourcesReport error

Trial Period Ended