merger subsidiary

merger subsidiary
USA
A subsidiary formed by a party for purposes of effecting a form of indirect merger, such as a forward triangular merger or reverse triangular merger. In a forward triangular merger, the target company is merged with and into the acquiror's merger subsidiary. In a reverse triangular merger, the merger subsidiary is merged with and into the target company.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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