a wholly-owned subsidiary of the company, which merged with and into I-ON in a statutory reverse triangular merger
, with I-ON surviving as a wholly-owned subsidiary of the company.
A reverse triangular merger
is commonly used when the target has valuable contracts that would otherwise be canceled if it did not survive the transaction.
through a reverse triangular merger
with a wholly-owned subsidiary of Proofpoint.
In the example above, which involved a sale of half of the target's assets immediately before the transaction, if a subsidiary corporation was used, this combination could not have qualified as a C reorganization, a forward triangular merger [by reason of IRC section 368(a)(2)(D)], or a reverse triangular merger
[by reason of Section 368(a)(2)(E)], because in each case the "substantially all" (of the assets) requirement would apply to the preliminary distribution.
Taxpayers previously involved in tax-free stock-for-stock exchanges qualifying as either a "B" reorganization or a reverse triangular merger
could be significantly affected by the IRS's final word on basis study computation.
Under the terms of the agreement, American Home will reorganize through a reverse triangular merger
that will cause a newly formed REIT to become American Home's parent.
LSE: FRUT) (TASE: FRUT) has entered into an acquisition agreement by way of a reverse triangular merger
with Israeli nutritional ingredients and medical foods firm Enzymotec Ltd (NASDAQ: ENZY), the company said.
368 provides two alternatives for a stock acquisition: a type B (stock-for-stock) reorganization (4) or a reverse triangular merger
The company acquired 100% of Centra's stock pursuant to a reverse triangular merger
in which the founder and owner of Centra, John Boettigheimer , received a "common" interest in 10% of the ownership of Centra Funding.
368(a)(2)(D)) or as a reverse triangular merger
(by reason of Sec.