| 释义 |
Statutory merger Statutory mergerA merger in which one corporation remains as a legal entity, instead of a new legal entity being formed.Statutory MergerA merger between two or more companies in which one company continues to legally exist, while all others cease to exist. That is, if Company A and Company B merge, Company A will continue to exist under its own name, while Company B will begin to operate under the name, "Company A." A statutory merger is essentially the same as an acquisition, though an acquisition carries a slight connotation of a hostile takeover, while a statutory merger does not. See also: Statutory consolidation. |