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What is meant by absorption of …

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What is meant by absorption of company? Discuss the main objectives of absorption
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Sia ? 3 years, 4 months ago

Absorption of Company is a way of business arrangement in which an existing company takes over the business of the another entity. The entity who gets absorbed goes into the liquidation process. The payment for such absorption to the old entity can be made either in cash or in shares or mixture of both.

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