Difference between revisions of "Business Combination"
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Business Combination<ref>DFARS 231.205-70 - External Restructuring Costs, January 2014</ref> | Business Combination<ref>DFARS 231.205-70 - External Restructuring Costs, January 2014</ref> | ||
(1) “Business combination” means a transaction whereby assets or operations of two or more companies not previously under common ownership or control are combined, whether by merger, acquisition, or sale/purchase of assets. | (1) “Business combination” means a transaction whereby assets or operations of two or more companies not previously under common ownership or control are combined, whether by merger, acquisition, or sale/purchase of assets. | ||
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A ''business combination'' is a transaction or other event in which an acquirer obtains control of one or more businesses.<ref>Statement of Financial Accounting Standards No. 141 (revised 2007) - Business Combinations</ref> | A ''business combination'' is a transaction or other event in which an acquirer obtains control of one or more businesses.<ref>Statement of Financial Accounting Standards No. 141 (revised 2007) - Business Combinations</ref> | ||
Revision as of 14:15, 27 August 2014
Business Combination[1] (1) “Business combination” means a transaction whereby assets or operations of two or more companies not previously under common ownership or control are combined, whether by merger, acquisition, or sale/purchase of assets.
A business combination is a transaction or other event in which an acquirer obtains control of one or more businesses.[2]
