de facto merger
Definition
Transaction that is not declared as a merger but effects acquisition of one firm's assets and/or voting stock by another firm. Courts may consider it as a statutory merger for the purposes of the combined firm's appraisal, shareholder voting rights, and other such matters.
de facto merger is in the Banking, Commerce & Finance, Corporate, Commercial, & General Law, Entrepreneurship, Management, & Leadership and Investing subjects.
This content can be found on the following page:
http://www.businessdictionary.com/definition/de-facto-merger.html
email to a friend print this definition cite this definition