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merger

  1. A merger is an integration that includes the integration of all programmatic and administrative functions to increase the administrative efficiency and program quality of one or more organizations. Mergers occur when one or more organizations dissolve and become part of another organization’s structure. The surviving organization may keep or change its name. A merger also occurs when two or more organizations dissolve and establish a new structure that includes some or all of the resources and programs of the original organizations. [La Piana Consultants, Inc. “Types of Strategic Restructuring”. Retrieved from http://www.lapiana.org/Strategic-Restructuring/FAQs/Types-of-Strategic-Restructuring.]