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Forward Triangular Merger

   Also found in: Acronyms 0.01 sec.
Forward Triangular Merger
A merger where an independent company combines with the subsidiary of another country. For example, a forward triangular merger may occur when Company A merges with Subsidiary B of Company C. In this forward triangular merger, Company A (or at least its resources and assets) becomes a subsidiary of Company C.


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In Example 1 above, this transaction could not have qualified as a C reorganization, or for that matter as a forward triangular merger (by reason of Sec.
This transaction would have qualified as a forward triangular merger had it been carried out pursuant to Delaware law.
Byline: The Register-Guard The Skillern family's Kendall Automotive Group and Steve Romania's Romania auto dealerships have merged in a legal procedure known as a forward triangular merger.
 
 
 
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