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All ▸ Bar 2024 ▸ COMMERCIAL AND TAXATION LAWS ▸ I. CORPORATION LAW (R.A. No. 11232, Revised Corporation Code) ▸ G. Mergers, Consolidations, and Acquisitions (Sections 39 and 75-79) ▸ 1. Asset Only Transfer

Question

G. Mergers, Consolidations, and Acquisitions: Asset Only Transfer

Scenario: Company A, a manufacturing firm, decides to sell its assets to Company B, a competitor in the industry. The assets include the production facilities, machinery, equipment, and inventory.

Question: In the context of Philippine law, discuss the requirements and procedure for an asset-only transfer in the context of mergers, consolidations, and acquisitions.



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Bar Review Question: G. Mergers, Consolidations, and Acquisitions: Asset Only Transfer Scenario: Company A, a manufactu