A merger in which both the acquirer and target disappear as separate corporations,combining to form an entirely new corporation with new common stock is known as a(n):

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A consolidation is a type of merger in which two companies combine to form a new entity, creating a new corporation with new common stock. Both the acquirer and target disappear as separate corporations, and a new legal entity is created as a result. This is different from a statutory merger, in which one company survives as the legal entity and the other is absorbed into it, and from a subsidiary merger, in which one company becomes a subsidiary of the other.

A Merger in Which Both the Acquirer and Target Disappear