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Meaning of “stock merger” in the English Dictionary

"stock merger" in Business English

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stock mergernoun [C]

uk   us   (also stock-swap merger) STOCK MARKET, FINANCE
an occasion when two or more ​companiesjoin together and the ​shareholders of one ​company receive ​shares in the other ​company or ​companies rather than ​payment in ​money: The two ​companies announced a $6.8 ​billionstockmerger in July.
(Definition of stock merger from the Cambridge Business English Dictionary © Cambridge University Press)
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