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If a corporation merges, what company's articles of incorporation and bylaws will be used?

CONCEPTS IN FED.TAX.,2020-W/ACCESS

20th Edition

ISBN:9780357110362

Author:Murphy

Publisher:Murphy

Chapter13: Choice Of Business Entity—general Tax And Nontax Factors/formation

Section: Chapter Questions

Problem 7DQ

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Question

If a corporation merges, what company's articles of incorporation and bylaws will be used?

Expert Solution

Step 1 Introduction:

Merger takes place when two or more firms or corporation join hands together to run a common business. The strengths and resources of the firms are utilized to earn profits. It can be done to acquire market share, reduce costs and to increase value of shareholders. Mergers can be vertical, horizontal and market extension.

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