Business Pitch Dictionary by pitch.dog
Exits, liquidity & investor returns · Core

Merger

Also called: business combination

ELI5

Two companies combine.

Used in conversation

“The merger requires shareholder and regulatory approval.”

Definition

A transaction combining companies into one legal or economic organisation.

Here “Merger” means: A transaction combining companies into one legal or economic organisation.

Pitch context

You will see “Merger” in fundraising decks, data rooms, term sheets and investor conversations when the discussion reaches exits, liquidity & investor returns.

Why it matters: In exits, liquidity & investor returns, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Sources & evidence · 6

Direct term-level sources and supporting source families.