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______ is the process of changing the company structure to get rid of some of the vertical hierarchy (reporting levels) in an organization.
Liquidation Proceedings
The formal process of winding up a company's financial affairs, including selling off assets to pay creditors.
Dissolve
The process of legally dissolving a corporation or partnership, effectively terminating its existence.
Termination
The act of ending something, such as a contract, employment, or agreement, either through mutual consent or by one party's decision.
Appraisal Rights
Legal rights that allow shareholders to demand an independent evaluation of their shares' value, typically in the context of a corporate action like a merger.
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