Editing Mergers and acquisitions (section)

===By business outcome===
The M&A process results in the restructuring of a business's purpose, corporate governance and brand identity.
*A statutory merger is a merger in which the acquiring company survives and the target company dissolves. The purpose of this merger is to transfer the assets and capital of the target company into the acquiring company without having to maintain the target company as a subsidiary.<ref name="shsu">{{Cite web|url=http://www.shsu.edu/klett/MERGER%20ch%2036%20new.htm|title=Merger & consolidation: overview|website=Sam Houston State University |access-date=2017-12-10 |url-status=dead |archive-url= https://web.archive.org/web/20171229112515/http://www.shsu.edu/klett/MERGER%20ch%2036%20new.htm |archive-date= Dec 29, 2017 }}</ref>
*A consolidated merger is a merger in which an entirely new legal company is formed through combining the acquiring and target company. The purpose of this merger is to create a new legal entity with the capital and assets of the merged acquirer and target company. Both the acquiring  and target company are dissolved in the process.<ref name="shsu" />