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Reply to "BRYC Girls TD Larry Best leaving for Washington Spirit"
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[quote=Anonymous][quote=Anonymous] That would not be a merger, that would be a purchase. So you are saying that Spirit would buy FCV?[/quote] Different poster, but a merger is, by definition, a purchase. In a merger (regardless of whether one is talking about non-profits or for-profits), one entity merges with, and into, another entity. Only one entity survives the merger. Of course, this is just the legal consequence of a merger between two entities. From a business perspective, the outside world (e.g., customers) may have no idea which entity merged into the other (as a legal matter), as one can set up the operations of the combined businesses to appear as if there are still two different entities. For example, when Apple acquired Beats by merger in 2014, Apple "shut down" Beats Music and launched "Apple Music," but Apple continued to use the Beats brand on certain headphones (and other products) and the Apple brand on other headphones, earbuds, etc. I have no idea whether Spirit and FCV are merging their two business entities, but if they did, it would certainly be an acquisition by Spirit of FCV given the size of the respective businesses. With that said, it is entirely possible that Spirit may continue to use the FCV "brand" in its youth operations. [/quote]
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