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Difficulty understanding :
Easy (for all).

Reading time :
About 1 minute.

 

 

Definition of M. V

orporations. A merger of corporations consist ln the uniting of two or more corporations by the transfer of property of all to one of them, which continues in existence, the others being swallowed up or merged therein. In regard to the survivor-ship of one of the constituent corporations, it differs from a “consolidation,” wherein all the consolidating companies surrender their separate existence and become parts of a new corporation. Adams v. Yadoo & M. V. R. Co., 77 Miss. 194, 24 South. 200, 60 L. R. A. 33; Vicksburg ft Y. C. Tel. Co. v. Citizens’ Tel. Co., 79 Miss. 341, 30 South. 725, 89 Am. St. Rep. 056

 

Black's Law Dictionary 2nd edition

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