What should I do if I buy the parent company instead of one of its subsidiaries?

1. Because the parent company absorbed and merged its wholly-owned subsidiaries, it did not change the economic resources that the parent company could control, and it did not belong to business combination.

2. The subsidiary takes all its net assets as the distribution to the parent company. While recovering the original investment cost, the parent company almost missed the letter, and regarded the divided retained earnings as the dividends received, which were recognized as the current investment income when the subsidiaries were liquidated and cancelled.