Cassim, Maleka Femida2016-05-062016-05-062008Cassim, MF 2008, 'The introduction of the statutory merger in South African corporate law : majority rule offset by the appraisal right (Part 2)', South African Law Journal, pp. 147-176.0258-2503 (print)1996-2177 (online)http://hdl.handle.net/2263/52522This article was written by Maleka Femida Cassim before she joined the University of Pretoria.The reverse triangular merger procedure is similar in structure to the triangular merger, with the would-be acquirer, Company H, forming a wholly-owned subsidiary, Company S, to act as the acquisition vehicle for the merger with the target, Company T. The essential difference between the triangular merger and the reverse triangular merger structure is that in the former, Company T merges into Company S with Company S remaining in existence as the surviving company, while in the latter it is Company T that is the surviving company. Thus, paradoxically, the target company is the surviving company in a reverse triangular merger and the acquiring company disappears.enJuta LawTriangular mergerTarget companySurviving companyAcquiring companyArticle