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When a firm merges into, or is taken over by, another, some magical — or unexpected — things can happen. Not for nothing does the {{isdama}} labour over the very description: that this might be a “[[consolidation]], [[amalgamation]], [[merger]], [[transfer]], [[reorganisation]], [[reincorporation]] or [[reconstitution]]” — prolix even by the lofty | When a firm merges into, or is taken over by, another, some magical — or unexpected — things can happen. Not for nothing does the {{isdama}} labour over the very description: that this might be a “[[consolidation]], [[amalgamation]], [[merger]], [[transfer]], [[reorganisation]], [[reincorporation]] or [[reconstitution]]” — prolix even by the lofty standards of {{icds}} — should tell you something. Generations of corporate lawyers have forged whole careers — some never leaving the confines of their law practices for forty or more years — out of the manifold ways one can put companies together and take them apart again. | ||
Your correspondent is not one of those people and has little more to say about mergers, except that what happens to live contracts at the time of such chicanery will depend a lot on just how the companies and their assets are being joined together or torn assunder. | Your correspondent is not one of those people and has little more to say about mergers, except that what happens to live contracts at the time of such chicanery will depend a lot on just how the companies and their assets are being joined together or torn assunder. | ||