Transformations Cloze
Complete the sentences below with terms from the previous exercise
1. The scheme involves a _________ where the undertaking, property and liabilities of the companyin respect of which this arrangement is proposed are to be divided among and transferred to two ormore companies.
2. Any other entity may _________ to a corporation of this State by filing in the office of the Secretaryof State.
3. Some companies prove to be unable to survive competition and one exit strategy is to _________into a larger company (or be acquired).
4. A business combination in which none of the previous companies survives is usually referred to as‘_________’.