surviving company

surviving company

The company that emerges in control following a business combination. The surviving company is generally one of the firms entering the combination but may be a new company formed by the combination. For example, BP, formerly British Petroleum, was the surviving company from the merger of British Petroleum and Amoco Corporation.
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As previously disclosed, following the Closing, Innovate will become a wholly owned subsidiary of Monster Digital, and Monster Digital, as the parent of the surviving company, will be renamed "Innovate Biopharmaceuticals, Inc.
Documentation: Under a Legal Merger, all of the assets of the merging companies will automatically be brought together within the surviving company without the need for them to be individually identified and transferred, so full and clear title to each asset on a transfer to the surviving company should be achieved without anything being left behind.
ChipMOS Taiwan will be the surviving company after the merger.
For example, a bank would need to obtain the consent of all its account holders to transfer their accounts to the surviving company if a traditional merger was implemented, unless such consent has already been given in the account terms and conditions.
will be merged with and into E-House (China) Holdings with the company continuing as the surviving company and becoming a wholly owned subsidiary of E-House Holdings Ltd.
hereinafter, "HLIKK"), have made the board decisions and signed the agreement today to merge on July 1, 2015, based on the premise that the Financial Services Agency approves this merger, with ORIX Life Insurance being the surviving company and HLIKK being the absorbed company.
The taxpayer, as the surviving corporation, and the acquired corporations were considered the same taxpayer for purposes of interest offsetting because legally, after the merger, the acquired companies were treated as if they had always been part of the surviving company, according to the court.
The method is an absorption-type merger, with Toyo Ink America, LLC being the surviving company and Toyo.
This will be an absorption-type company merger, with SDK serving as the surviving company.
The two bourses will merge into a holding company where the OSE will be the surviving company, with 0.
The process will be carried out as an acquisition and merger, with ASX being the surviving company and ASH, ASK and ASO being dissolved.
The service is also designed to help attorneys and consumers trace life policies to the correct insurance company in cases where the original insurance company issuing a policy has "disappeared" de to its merger into a successor or surviving company.