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When Two Companies in the Same Industry Agree to Become

question 327

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When two companies in the same industry agree to become one firm, the result is called a


Definitions:

Investing Activities

Financial transactions related to the acquisition or disposal of long-term assets and other investments not included in cash equivalents.

Loans Receivable

Loans receivable are amounts owed to a lender by borrowers, recognized as assets on the lender's balance sheet.

Repayment

The act of paying back money previously borrowed from a lender.

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