Which of the Following Is an Example of a Merger

Multiple Choice

Which of the following is an example of a merger?

A) Brown Electronics and Kelvin Data Systems form a new company,and Brown and Kelvin cease to exist.
B) Brown Electronics buys Kelvin Data Systems and continues to operate as Brown Electronics.
C) Brown Electronics buys Kelvin Data Systems,and Kelvin operates as a subsidiary of Brown.
D) Brown completes a hostile takeover of Kelvin.
E) None of these choices