If a company acquires 80 percent of the stock of company b on January 1, 20x2, immediately after the acquisition, which of the following is correct?

a. Company A now has a majority stake in company B
b. Company A has no control over company B
c. Company A needs to acquire the remaining 20 percent of company B's stock to gain full control
d. The acquisition has no impact on the control of company B

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