Quote:
Originally Posted by JWBear
That's pretty much what they are doing. Bank of Massachusetts was founded in 1784, and ceased to exist in 1903. In 2005 BofA bought the company that bought the company that bought the company that bought out Bank of Massachusetts in 1903. BofA is now claiming that they began as Bank of Massachusetts in 1784. Utter disingenuous rubbish.
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So when does a company cease to exist? During a merger if the name changes is it a new company? is it a new company if there is no name change? Does it depend on the make-up before and after of the Board of Directors?
With that in mind, what is the Disney Company? Is it still Disney after acquiring Pixar. Does Pixar still exist?
I have no problem with a Company tracing its roots and claiming it's heritage - Companies are fake humans anyway.