cash merger
A merger in which shareholders of the target company must accept cash for their shares. — Also termed cash-out merger; freeze-out merger. [Cases: Corporations 584. C.J.S. Corporations §§ 799–801.]
A merger in which shareholders of the target company must accept cash for their shares. — Also termed cash-out merger; freeze-out merger. [Cases: Corporations 584. C.J.S. Corporations §§ 799–801.]