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In this video, Eric Curtis discusses the differences between affiliation agreements and mergers. In a merger, two organizations combine, resulting in one surviving entity, which raises questions about branding, leadership, and board structure. Conversely, an affiliation allows both organizations to remain separate legal entities, with one typically acting as the parent and the other as a subsidiary. The larger organization usually takes the parent role in the affiliation. The video also touches on the potential growth strategies for organizations in these types of agreements.
