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A contract between an individual who is a member of the New York Stock Exchange and the company he works for. Through an approval of the NYSE, the contract allows the member to:
a) Transfer his seat to another employee of the firm he is working for.
b) Purchase another seat on behalf of another employee of the company, while remaining the owner of the first one.
c) Sell the seat and transfer the gains to the company.
Merger meaning An agreement generated by two companies to unite them into one. Merger refers to combining two or more companies, organizations, or
Goodwill is created when a company pays more for an acquisition than the fair market value of the net assets acquired. The difference between the
A contract between an individual who is a member of the New York Stock Exchange and the company he works for. Through an approval of the NYSE,
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