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Also known as articles of merger. A certificate evidencing the merger of two or more entities into one entity.
Delaware uses the name domestication only for a similar transaction that officially moves an entity organized in another country to Delaware. Delaware's conversion process can also change a Delaware LLC into an out-of-state LLC.
What is a Delaware Limited Partnership? Delaware Limited Partnerships (DLPs) are a type of business entity in the United States. They are formed by filing a certificate of limited partnership with the Delaware Secretary of State. DLPs have two types of partners: general partners and limited partners.
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.
Merger Documents means the collective reference to the Merger Agreement, all material exhibits and schedules thereto and all agreements expressly contemplated thereby.
To register a foreign corporation in Delaware, you must file a Delaware Foreign Corporation Certificate with the Delaware Division of Corporations. You can submit this document by mail, online, or in person. The Foreign Corporation Certificate for a foreign Delaware corporation costs $245 to file.
A Certificate of Merger is a legal document that is required in most states. The Certificate recites the terms of the deal between the companies and specifically describes the transaction and its effects on the debts, liabilities, properties and rights of the combined company.
A merger is an agreement that unites two existing companies into one new company. There are several types of mergers and also several reasons why companies complete mergers. Mergers and acquisitions (M&A) are commonly done to expand a company's reach, expand into new segments, or gain market share.