Task: Instance Description Understanding (ontology: Business_Finance/Financial_Industry_Business_Ontology)

Which of the following definitions best describes the instance 'MRGR'?

A. ISO 15022 classifier for corporate actions that involve an increase in a corporation's number of outstanding equities without any change in the shareholder's equity or the aggregate market value at the time of the split
B. ISO 15022 classifier for corporate actions that involve the exchange of outstanding securities, initiated by the issuer which may include options, as the result of two or more companies combining assets, that is, an external, third party company
C. ISO 15022 classifier for corporate actions involving information provided by the issuer having no accounting/financial impact on the holder
D. ISO 15022 classifier for corporate actions that involve prolonging the maturity date of a bond

Answer: ISO 15022 classifier for corporate actions that involve the exchange of outstanding securities, initiated by the issuer which may include options, as the result of two or more companies combining assets, that is, an external, third party company