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merger and acquisition
Debit combined assetsCredit combined liabilities
Ernst & Young was formed in a merger of Ernst & Whinney and Arthur Young and Company in 1989. For more info on Ernst & Young see the link below.
When two establishments join through a merger, duplication of departments is avoided, reducing operational costs. There are some disadvantages of mergers, like job losses and creation of monopolies.
The distinction in mergers and acquisitions means that the two words have different meanings. A merger is when a company merges or becomes part of another company. An acquisition is when a company out right buys another company.
Aventis formed in 1999 from merger of the pharmaceutical divisions of Rhone Poulenc and Hoechst.
Triad Strategies was founded in 2002 after a merger of W.A. Hawkins Associates and Sellers, Feinberg & Associate.
Purchasing Merger Consolidation Merger
A merger is different from an acquisition in that when two entities merge (whether partnerships, corporations, LLC's) neither one is "acquiring" the other. In an acquisition, there is usually a dominant entity who is taking over the smaller or suffering entity. In a merger, the two entities merge to form one new entity made up of the two former companies.
Only santioning body I know of is USA BMX, formally the ABA and now includes the former NBL. There was a merger of these two.
if you are involved in a merger
What is merger and aquisition?
The biggest merger of all time is the America Online and Time Warner merger. The merger is valued at $186.2 billion dollars.
joint venture
A cross-border merger is a transaction in which the assets and operation of two firms belonging to or registered in two different countries are combined to establish a new legal entity. In a cross-border acquisition, the control of assets and operations is transferred from a local to a foreign company, with the former becoming an affiliate of the latter.
Three types of mergers are: * Horizontal Merger * Vertical Merger * Conglormarate Merger
The WHA-NHL Merger occured in 1979.