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CORPORATE RESTRUCTURING
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It is the act of reorganising the legal, ownership, operational or other structure of the company for the purpose of making it more profitable or better organised for its present needs. It may be internal or external. For example: a. Mergers: combination of two or more businesses in to one business. b. Acquisitions and Takeovers: an act of acquiring effective control by one company over assets or management of another company. Etc. c. Management Buy Out. d. Divestiture.