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English definition of “cash merger”

cash merger

noun [C]
 
 
( also cashout merger)
FINANCE an occasion when two or more companies join and where the buying company buys the other company's shares with cash, rather than exchanging them for its own shares: The company proposed a cash merger valued at $170 million with a manufacturer of industrial machine parts.
(Definition of cash merger from the Cambridge Business English Dictionary © Cambridge University Press)
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