1 Hourglass: Torso and hips are approximately the same width - with waist definition.  Apple: Torso and upper body wider than your hips - with little or no waist definition. You might have weight surrounding your waist.
From a legal point of view, a merger is a legal consolidation of two entities into one entity, whereas an acquisition occurs when one entity takes ownership of another entity's stock, equity interests or assets.
With the objective of wealth maximization, companies keep evaluating different opportunities through the route of merger or acquisition. Mergers & Acquisitions can take place: â¢ by purchasing assets â¢ by purchasing common shares â¢ by exchange of shares for assets â¢ by exchanging shares for shares. Types of Mergers and Acquisitions: Merger or amalgamation may take two forms: merger through absorption or merger through consolidation.