Forward Triangular Merger

Also found in: Acronyms.

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.

References in periodicals archive ?

Specifically, CEN has entered into a forward triangular merger with Eastern Starr the wholly owned subsidiary of Incumaker, Inc.

Incumaker Unit's Deal to Acquire Canadian Marijuana-Focused Drugmaker CEN Biotech Terminated

1.368-2(b) (1)(iii), Example (4), will allow a triangular consolidation or amalgamation to qualify if the transaction meets all the tests (including the "substantially all" test) under the reorganization rules applicable to forward triangular mergers under Sec: 368(a)(2)(D).

Statutory mergers

If T assets are acquired in a forward triangular merger under Sec.

Much ado about "nothings"

The Court addressed the issue of whether the receipt of property other than stock or securities as part of a forward triangular merger had the effect of a dividend distribution.

Unfortunately, the Clark decision addressed only whether the boot received as part of the forward triangular merger had the effect of the receipt of a dividend.

The correct E&P for measuring Sec. 356(a)(2) dividend income

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