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The constituent corporations may merge into a single surviving corporation, which may be any 1 of the constituent corporations, or they may consolidate into a new resulting corporation formed by the consolidation, which may be a corporation of the jurisdiction of organization of any 1 of the constituent corporations, ...
Delaware allows a domestic limited liability company to enter the conversion or merger. The process tends to be complex and requires applications to be filed with multiple government agencies. It costs $439 for a domestic entity, or $239 for a foreign entity, to file with the Delaware Department of State.
Also known as a parent-subsidiary merger, a short-form merger is a merger between a parent company and its substantially (but not necessarily wholly) owned subsidiary, with either the parent company or the subsidiary surviving the merger.
Short Form Merger in a Legal Context allows bidders of targets incorporated in Delaware to conduct a short-form merger after achieving only 50% ownership as opposed to 90% that is required in almost all other states.
Short-Form Merger: A merger between a parent and a subsidiary (at least 90% owned by the parent) which can be accomplished without shareholder approval.
Also known as a medium-form merger or a Section 251(h) merger, an intermediate-form merger is a special type of merger permitted by Section 251(h) of the Delaware General Corporation Law (DGCL) for acquisitions of target companies that are Delaware public corporations that allows a buyer in a tender offer to complete a ...
A Nevada LLC domestication changes an out-of-state LLC into a Nevada LLC. This article discusses Nevada LLC domestications. A Nevada conversion can either change a Nevada LLC into an out-of-state LLC or change an entity's business type.