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A statutory merger is a type of merger where one of the companies gets to keep its legal entity even after the merger. For example, A Co. and B Co. enter into a statutory merger. As per the rules of such a merger, one company of these two will keep its legal entity intact.
CA Corp Code Section 1100 A corporation may merge with one or more domestic corporations (Section 167), social purpose corporations (Section 171.08), foreign corporations (Section 171), or other business entities (Section 174.5) pursuant to this chapter.
entity merger is a merger that involves at least two different types of business entities. This type of merger is also referred to as a crossentity merger, interentity merger, or an interspecies merger.
A merger is a business deal where two existing, independent companies combine to form a new, singular legal entity. Mergers are voluntary. Typically, both companies are of a similar size and scope and both stand to gain from the transaction.
A horizontal merger is when competing companies merge?companies that sell the same products or services. The T-Mobile and Sprint merger is an example of a horizontal merger. Meanwhile, a vertical merger is a merger of companies with different products, such as the AT&T and Time Warner combination.
The three main types of mergers are: Horizontal. Vertical. Concentric.
In a statutory merger, all of the assets of the disappearing entity transfer to the surviving entity by ?operation of law.? This means that the transfer happens automatically and without the disappearing entity having to deed the assets to the surviving entity.
Conglomerate. A merger between firms that are involved in totally unrelated business activities. There are two types of conglomerate mergers: pure and mixed.