新しん設せつ合がっ併ぺい

noun

consolidation-type merger; consolidation

A merger where a new company is established and the existing companies are dissolved. Contrasts with 吸収合併 (absorption-type merger).

• 両りょう社しゃは新しん設せつ合がっ併ぺいにより新しん会社がいしゃを設せつ立りつした。

  The two companies established a new company through a consolidation-type merger.