Dictionary of Business Terms: statutory merger
statutory merger
legal combination of two or more corporations in which only one survives as a legal entity. It differs from statutory consolidation, in which all the companies in a combination cease to exist as legal entities and a new corporate entity is created.
Dictionary of Finance and Investment Terms: statutory merger
statutory merger
legal combination of two or more corporations in which only one survives as a legal entity. It differs from statutory consolidation, in which all the companies in a combination cease to exist as legal entities and a new corporate entity is created.
