Differentiate between amalgamation and absorption.
Amalgamation and absorption are two methods of corporate restructuring that involve the consolidation of companies, but they differ significantly in their processes and outcomes.
Amalgamation refers to the merging of two or more companies into a new entity, resulting in the dissolution of the original companies. In this process, the assets, liabilities, and operations ______ __________ ____ ________ ___ _____ _______ ___ ______ _____ _________.
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