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Also known as articles of merger. A certificate evidencing the merger of two or more entities into one entity.
The three main types of mergers are: Horizontal. Vertical. Concentric.
Merger Documents means the collective reference to the Merger Agreement, all material exhibits and schedules thereto and all agreements expressly contemplated thereby.
A merger is considered horizontal if the two companies already offer the same products or services. Horizontal mergers help companies reduce competition and dominate the market. For example, gas giant Exxon combined with gas giant Mobil back in 1998 to form ExxonMobil.
Articles of merger are legal documents outlining the roles and responsibilities of two or more parties as they merge into a single entity. Articles of merger may also be called a certificate of merger. This agreement outlines the intent of multiple parties to merge and outline the merger's operational aspects.
ARTICLES OF MERGER OR CONSOLIDATION - refers to the instrument executed by the constituent corporations embodying the following: (1) plan of merger or consolidation; (2) the number of shares outstanding in case of stock corporations, or of members, in case of non-stock corporations; and (3) as to each corporation, the ...