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In a tax-free acquisition,the shareholders of the target firm:
Sale
A contract in which ownership of goods is transferred by the seller to the buyer for a price.
Title
Legal ownership of property, especially real estate or automobiles.
Oral Contracts
Agreements that are made verbally and are legally binding, though harder to prove than written contracts.
Written Confirmation
A document that records and verifies specific details of an agreement or transaction between two or more parties.
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