Examlex
Partners must generally treat the value of profits interests they receive in exchange for services as ordinary income.
Horizontal Merger
A merger between firms that are in direct competition with each other, operating in the same industry and often in the same markets.
Hertz Rent-a-Car
A global car rental company offering services in various locations, providing customers with temporary vehicles for personal or business use.
Mergers
The process where two or more companies combine to form a single entity, often to enhance market share, efficiency, or competitiveness.
1960s
Signifies the decade from 1960 to 1969, often noted for significant cultural, political, and technological changes worldwide.
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