Merger*

2015 07 01 | Category: Offshore Glossary

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Merger*
The statutory combining of two or more entities into one, through a purchase acquisition or a pooling of interests. Differs from a consolidation in that no new entity is created from a merger: the dominant unit absorbs the passive ones and continues operation usually under the same name. The firm’s activity in this respect is sometimes called M&A (Merger and Acquisition)


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