Stage E - most of the remnant ocean basin has subducted and the two continents are about to collide. Subduction under the edge of a continent has a lot of results. Deep in the subduction zone igneous magma is generated and rises to the surface to form volcanoes, that build into a cordilleran mountain range (e.g. the Cascade mountains of Washington, Oregon, and northern California.) Also, a lot of metamorphism occurs and folding and faulting.
Stage F - the two continents, separated in Stages A and B now collide. The remnant ocean basin is completely subducted. Technically the closing phase of the Wilson cycle is over. Because the subduction zone acts as a ramp the continent with the subduction zone (a hinterland) slides up over the edge of the continent without out it (a foreland).
Stage G - once the collision has occurred the only thing left for the mountain to do is erode down to sea level - a peneplain. The stage G drawing is a distortion, however. With the collision the continental thickness doubles, and since continental rock is light weight, both will rise as the mountain erodes, much like a boat rises when cargo is taken off of it. Thus, in reality, most of the hinterland continent will be eroded away, and the foreland continent will eventually get back to the earth's surface again.
Note : The above story is reprinted from materials provided by James Madison University