Question

what do you understand the
Concept and meaning of
amalgamation?​

Answer 1

ᴀᴍᴀʟɢᴀᴍᴀᴛɪᴏɴ ɪꜱ ᴛʜᴇ ᴄᴏᴍʙɪɴᴀᴛɪᴏɴ ᴏꜰ ᴛᴡᴏ ᴏʀ ᴍᴏʀᴇ ᴄᴏᴍᴩᴀɴɪᴇꜱ ɪɴᴛᴏ ᴀ ɴᴇᴡ ᴇɴᴛɪᴛy ʙy ᴄᴏᴍʙɪɴɪɴɢ ᴛʜᴇ ᴀꜱꜱᴇᴛꜱ ᴀɴᴅ ʟɪᴀʙɪʟɪᴛɪᴇꜱ ᴏꜰ ʙᴏᴛʜ ᴇɴᴛɪᴛɪᴇꜱ ɪɴᴛᴏ ᴏɴᴇ. ᴀᴍᴀʟɢᴀᴍᴀᴛɪᴏɴ ᴄᴀɴ ʜᴇʟᴩ ɪɴᴄʀᴇᴀꜱᴇ ᴄᴀꜱʜ ʀᴇꜱᴏᴜʀᴄᴇꜱ, ᴇʟɪᴍɪɴᴀᴛᴇ ᴄᴏᴍᴩᴇᴛɪᴛɪᴏɴ, ᴀɴᴅ ꜱᴀᴠᴇ ᴄᴏᴍᴩᴀɴɪᴇꜱ ᴏɴ ᴛᴀxᴇꜱ.

Answer 2

Answer:

Amalgamation is a combination of two or more companies into a new entity