Mergers And Acquisitions
Selling a Business & Buying a Business
What is meant by the term “mergers and acquisitions?”
Although the term mergers and acquisitions is often used a common combined phrase as thought they are synonymous, the terms merger and acquisition mean slightly different things.
When a buyer takes over another business and clearly established itself as the new owner, the purchase is called an acquisition. From a legal point of view, the acquired business essentially takes on the identity of the new buyer.
In the pure sense of the term, a merger happens when two businesses agree to go forward as a single new company rather than remain separately owned and operated.
For small privately held businesses, the term mergers and acquisitions generally is synonymous with selling a business and buying a business.
Does the ICBC provide mergers and acquisitions services?
The ICBC does not provide mergers and acquisitions services itself but offers a professional network of ICBC members who can provide mergers and acquisitions services. Also, the ICBC does perform mergers and acquisitions training for its members.
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