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N. K. Gupta posted an Question
April 05, 2021 • 19:04 pm 30 points
  • UGC NET
  • Commerce

External reconstruction and absorption and amalgamation and acquisition diffrence explain in simple words

external reconstruction and absorption and amalgamation and acquisition diffrence explain in simple words

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  • Rucha rajesh shingvekar Best Answer

    external reconstruction refers to the sale of the business of existing company to another company formed for the purposed. In external reconstruction, one company is liquidated and another new company is formed. ... Shareholders of vendor company become the shareholders of purchasing company

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