Statutory Mergers

The statutory merger is the building block of all M&A activity. The provisions that follow provide an outline for the mechanics of the statutory merger transaction.  Although the statutory mergers described in Section 251 involve two Delaware corporations, statutory mergers under other provisions of the code permit mergers between corporations and other business forms, including business forms from other states. The mechanics of those transactions are not substantially dissimilar from the process outlined in Section 251 below.