Getting the deal through – Tax on Inbound Investment 2011 – Greece
Possible forms of business combinations, classified according to the legal structure used, are as follows. • absorption merger: where the assets and liabilities of one company are fully absorbed by another. The ‘absorbed’ company ceases to exist as a legal entity and the company performing the buyout takes over its assets and liabilities; • consolidation: the combination of two separate companies into a new company with separate legal existence. In this case both companies cease to exist; • merger buyouts: realised by either a share deal, where the buying company buys out shares of the target company, or by an asset deal, where the buyer purchases the target company itself and...
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