Merger

Mer"ger

(?), n. 1. One who, or that which, merges.
[1913 Webster]

2. (Law) An absorption of one estate, or one contract, in another, or of a minor offense in a greater.
[1913 Webster]

3. The combining of two groups into a unified single group under a single leadership, with voluntary participation by the leaders or management of both groups.
[PJC]

4. Specifically: (Business, Finance) The combining of two commercial enterprises into a unified single enterprise under a single management, with voluntary participation by both parties; as, the merger of Daimler-Benz and Chrysler into Daimler-Chrysler created a powerful competitor in the automobile manufacturing industry. Compare acquisition and takeover.
[PJC]

 

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Mon 10th December 2018