In a statutory merger, only assets and liabilities shown on the target firm's balance sheet automatically transfer to the acquiring firm.

Name: In a statutory merger, only assets and liabilities shown on the target firm's balance sheet automatically transfer to the acquiring firm.
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In a statutory merger, all of the target firm's assets and liabilities, including those not shown on the balance sheet (like contingent liabilities or off-balance sheet items), automatically transfer to the acquiring firm.

In a Statutory Merger, Only Assets and Liabilities Shown on the Target