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Identify/define and explain the significance of the following: Civic Humanism.
Combining Firms
The process of merging two or more companies into one entity, typically to achieve synergies or strategic objectives.
Acquiring Firm
A company that purchases a majority interest in another company to take control of it.
Parent
A company that holds a controlling interest in one or more subsidiaries, or an individual who has a child.
Subsidiary
A company that is controlled by another company, known as the parent company, through majority share ownership.
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