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In the figure above, what does the faded image show?
Statutory Merger
A merger in which one of the companies involved absorbs the other legally and retains its original corporate identity, while the other company ceases to exist.
Legal Corporations
Entities that are legally incorporated under specific laws to carry out business or other duly recognized purposes with legal rights and obligations.
Division
A portion or part of a company that operates under the larger corporate umbrella, often focusing on a specific product line or market area.
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