A transaction in which two corporations combine such that afterwards only one of them still exists and owns all the assets previously owned by either corporation is called a:

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A merger is a transaction in which two corporations combine to form a single entity. In this type of merger, one of the corporations ceases to exist and the surviving corporation acquires all the assets and liabilities of the merged corporation. A tender offer is an offer made by one company to buy the shares of another company's stock from its shareholders. A purchase of assets is a transaction in which one company purchases selected assets of another company, but not necessarily the entire company. A share exchange is a transaction in which one company issues its shares to the shareholders of another company in exchange for their shares.

A Transaction in Which Two Corporations Combine Such That Afterwards