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AJ ROSE

08/03/18 9:22 AM

#23159 RE: AJ ROSE #23158

Forward triangular mergers, like reverse triangular mergers, in which the buyer's subsidiary is merged into the target company, have the advantage of protecting the buyer from the target's liabilities. That's because whatever form a triangular merger takes, the target company ends up as a wholly owned subsidiary of the buyer, unlike direct mergers.