Multiple Choice
Company A wishes to acquire control of Company B as cheaply as possible. For economic reasons, a consultant recommended that Company A can do this through purchase of assets, rather than purchase of shares. Which of the following statements regarding the above scenario is correct?
A) Company A must purchase all of Company B's assets and liabilities.
B) Company A only needs to acquire control of Company B's net assets.
C) Company A only needs to acquire control of Company B's fixed assets.
D) The consideration given by Company A must exceed 50% of the fair market value of Company B's net assets.
Correct Answer:

Verified
Correct Answer:
Verified
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