Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
forward triangular merger.
See triangular merger.
reverse triangular merger.
A merger in which the acquiring corporation's subsidiary is absorbed into the target corporation, which becomes a new subsidiary of the acquiring corporation. - Also termed reverse subsidiary merger.
triangular merger.
A merger in which the target corporation is absorbed into the acquiring corporation's subsidiary, with the target's shareholders receiving stock in the parent corporation. - Also termed subsidiary merger; forward triangular merger.