Question

what is Amalgamation of firm??

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Answer 1

Explanation:

Amalgamation is the combination of two or more companies into a brand new entity by combining the assets and liabilities of both entities into one. ... The transferor company is absorbed into the stronger, transferee company, leading to an entity with a stronger customer base and more assets

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Answer 2

Answer:

In,business, an amalgamation is defined as the merger of two or more companies. An example of an amalgamation is the merger between Kmart and Sears.