consolidation by merger

基本解釋

Article 184 Companies may be merged in two forms, i. e. merger by absorption and merger by consolidation.
第一百八十四條：公司合并可以采取吸收合并和新設(shè)合并兩種形式。
Article 75 Rights and obligations of a company ceasing to exist after consolidation or merger shall be assumed by the surviving or new company.
第75條因合并而消滅之公司，其權(quán)利義務(wù)，應(yīng)由合并后存續(xù)或另立之公司承受。
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In the event that any merger or consolidation of Party A occurs in the future, all the rights and obligations hereunder shall be succeeded by the successor of Party A.
若甲方有限公司在未來有公司合并事務(wù)發(fā)生，則本合同項下的所有權(quán)利及義務(wù)轉(zhuǎn)由合并后新成立的法人公司承擔(dān)。

For example, liability is triggered if the deal amounts to a merger or consolidation, usually evidenced by a purchase of the stock.
FORBES: An Affair to Remember