公司合并

公司合併
gōngsī hébìng
noun

Meanings

  1. 1 merger of companies
  2. 2 corporate merger

Examples

Gōngsī hébìng xūyào gǔdōng huì de pīzhǔn.
A corporate merger requires approval by the shareholders' meeting.
Liǎng jiā yínháng de gōngsī hébìng fāng'àn yǐ huò jiānguǎn jīgòu tōngguò.
The merger plan of the two banks has been approved by the regulator.

Tips

usage
China's 公司法 distinguishes two forms of 公司合并: 吸收合并 (absorption merger, one company absorbs another, which dissolves) and 新设合并 (consolidation merger, both dissolve and a new entity emerges). Both require creditor notice and majority shareholder approval.

Stroke Order

gōng
bìng