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ghcnj

08/16/09 9:05 PM

#41263 RE: Mr Wizard a1a #41261

Now you are saying Vinny, Frisker Pro, 1.5 billion shares etc are all still part of Zenergy ??? I have given you the meaning of an AQUISITION vrs a MERGER and you still don't get it. Zenergy acquired this shell by AQUISITION period. Enough of this constant nonsense. No more replys from me. You say whatever you want. WOW.
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Durkkdiggler

08/16/09 9:09 PM

#41265 RE: Mr Wizard a1a #41261

Distinction between Mergers and Acquisitions
Although they are often uttered in the same breath and used as though they were synonymous, the terms merger and acquisition mean slightly different things.

When one company takes over another and clearly established itself as the new owner, the purchase is called an acquisition. From a legal point of view, the target company ceases to exist, the buyer "swallows" the business and the buyer's stock continues to be traded.

In the pure sense of the term, a merger happens when two firms, often of about the same size, agree to go forward as a single new company rather than remain separately owned and operated. This kind of action is more precisely referred to as a "merger of equals." Both companies' stocks are surrendered and new company stock is issued in its place. For example, both Daimler-Benz and Chrysler ceased to exist when the two firms merged, and a new company, DaimlerChrysler, was created.

http://www.investopedia.com/university/mergers/mergers1.asp
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Durkkdiggler

08/16/09 9:11 PM

#41266 RE: Mr Wizard a1a #41261

The old company and old management are NOT gone.

110% wrong.

http://www.investopedia.com/university/mergers/mergers1.asp