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Adams v. Yazoo & M. V. R. Co., 77 Miss

Categories: Commercial Law

Definition (1910 Edition)

194 24 South. 200, 211, 60 L. R. A. 33, it is said that the term “amalgamation” of corporations is used in the English cases in the sense of what is usually known in the United States as “merger,” meaning the absorption of one corporation by another, so that it is the absorbing corporation which continues in existence; and it differs from “consolidation,” the meaning of which is limited to such a union of two or more corporations as necessarily results in the creation of a third new corporation.
Source: Black's Law Dictionary, 2nd Edition (1910) — Public Domain. UK commentary and modern updates are original additions. This entry is for educational reference only and does not constitute legal advice.