Angie Reed

A statutory merger is a legal combination of two or more companies whereby one company absorbs the other, resulting in the continuation of the survivor’s corporate identity. This process often includes the assumption of assets, liabilities, and obligations of the absorbed entity. The merged entities operate as a single company and are governed by the laws of the jurisdiction in which they incorporate, making it a formal and heavily regulated approach to consolidation.

Bridge financing is a temporary form of funding that helps a company meet short-term financial needs until it secures more permanent financing or reaches a predetermined milestone. This type of financing is typically crucial in the context of mergers and acquisitions, where timing can be everything. By allowing a firm to access needed capital quickly, bridge financing helps entrepreneurs and investors capitalize on opportunities that would otherwise slip away while waiting for long-term funding solutions.