Answer:
D. reorganization
Explanation:
Reorganization Is when a bankrupt business restructures itself so that it can continue as a viable business. It involves restating the assets and liabilities of the firm.
A merger is when two companies come together to form a single company.
Liquidation is when the assets of a company are distributed to creditors. It marks the end of a business.
A divestiture is when assets or parts of a business is either sold or exchanged.
A repurchase is when the shares of a company are bought back from shareholders by the firm.
I hope my answer helps you.
