Business

Types of Business Amalgamation

Types of Business Amalgamation

Business Amalgamation is the combination of one or more companies into a new entity. A business amalgamation is distinct from a merger because neither in the combining companies survives as a legal entity. Somewhat, a completely new entity is formed to house the combined belongings and liabilities involving both companies. There are many different ways and solutions to achieve such combination or combination. According to the existing structure, brand, and financial status in the company, different companies adopt different methods of combination.