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 where both the acquirer and the target company cease to exist, and instead, a new entity is formed with its own separate identity and stock. This differs from a statutory merger, where the acquiring company continues to exist and takes over the assets and liabilities of the target company. A subsidiary merger involves the acquiring company creating a subsidiary to acquire the target company, which becomes a subsidiary of the acquiring company. An acquisition generally refers to one company buying another, but does not specify whether the target company disappears or continues to exist as a subsidiary or division. A takeover is a more general term that can refer to any attempt to gain control of another company, whether through a merger, acquisition, or other means.

A Merger in Which Both the Acquirer and Target Disappear