Question

Name the two forms that merger can take place.

Answer 1

 Two forms of merger are:

1. Amalgamation: Amalgamation is a union of two or more companies, made with an intention to form a new entity or company.
2. Absorption: It means an existing company taking over one or more company. In this case one or more company will close down their business and this business will be continued by the name of the existing company.