Combination of two companies in the form of merger or taken over, such as offering stockholders of one company in the acquiring company in exchange for the surrender of their stock.
It also in other words when merger occurs, it have different definition such as bankruptcy, but cannot declare bankruptcy because it will cause panic among citizens and trust to the government.
Thus, banks cannot declare bankruptcy but only by merger and acquisition.

Eg, Washington Mutual bankruptcy and taken over by JP Morgan Chase.

http://www.investopedia.com/terms/m/merger.asp#ixzz2FJ7MqIdh

I'm looking for bonds to invest, which have a good offer and promotion at the moment?

AmDynamic Bond, or any bonds, that have zero sales charge, lowest expense ratio, fund size at least 50 million above and out-perform benchmark for 5 year at least consecutively. Any?

I just check it, but not the fund is very messy, maybe I'm not suit for it yet.

Pink Spider,

Thanks