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Statutory merger
The combination of the acquiring and target firms, in which one firm ceases to exist, in accordance with the statutes of the state in which the combined businesses will be incorporated.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Banking; Business services
- Category: Mergers & acquisitions
- Company:
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- Acronym-Abbreviation:
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