Mergers and Acquisitions Can Take Many Forms
This Ready Reference Page Covers: Purchase of Assets, Acquisition of Stock, Substitution of Directors, Merger or Consolidation, Representations and Warranties
Despite all the talk, relatively few mergers have actually occurred in the nonprofit world, and most of those are really take-overs of struggling organizations, not mergers of equals. Where the acquired organization has a checkered history--and uncertain potential liabliities--it probably makes sense to delay a true merger and take control in a way which protects the assets of the acquiring entity.
This Ready Reference Page discusses the many ways that control can be passed to another organization.
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