merger
nounThe act or an instance of merging.
An absorption of one corporation by another, with the corporation being absorbed losing its separate identity and governance.
An absorption of a lesser estate, contract, criminal offense, right, or liability into a succeeding larger one, resulting in the extinction of the former.
One who or that which merges.
A merging of the interests and control of two or more corporations, engaged in the same line, or in allied lines, of business, into a single corporation which exchanges its stock for that of the merging corporations, which however preserve, nominally at least, their separate identity.
