Types of business consolidations

There are three forms of business combinations:
Statutory Merger: a business combination that results in the liquidation of the acquired company’s assets and the survival of the purchasing company.
Statutory Consolidation: a business combination that creates a new company in which none of the previous companies survive.
Stock Acquisition: a business combination in which the purchasing company acquires the majority, more than 50%, of the Common stock of the acquired company and both companies survive.
Amalgamation: Means an existing Company which is taken over by another existing company. In such course of amalgamation, the consideration may be paid in cash or in Kind, and the purchasing company services in this process.