difference between the predecessor and successor is
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Predecessor" means an entity that is replaced by a successor and includes any predecessors of the predecessor. "Successor" means an entity that has replaced a predecessor by acquiring the assets and carrying out the affairs of the predecessor under a new name (often through acquisition or merger)
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The main difference between predecessor and successor is
Predecessor means an entity that is replaced by a successor and includes any predecessor of the predecessor. Whereas successor means an entity that has replaced a predecessor by acquiring the assets and carrying out the affairs of the predecessor under a new name.
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