Glossary

A B C D E F G H I K L M N O P Q R S T U V W Y

Merger

The combination of two or more companies through either a:
  • pooling of interests in which the accounts are combined,
  • purchase where the amount paid over and above the acquired company’s book value is carried on the books of the purchaser as goodwill, or
  • consolidation in which a new company is formed to acquire the net assets of the combining companies.