Corporate Mergers, Acquisitions, and Dissolutions

When corporations merge, acquire other corporations, or dissolve, you need to update the constituent records in your database. Depending on the situation, you may need to mark an organization constituent record as inactive, add a parent organization to a newly acquired organization, or merge two organization constituents together. To determine which action to take, review the following scenarios.

• When a corporation is acquired by another corporation but remains a distinct entity, add the new parent organization on the Organization tab. For information, see Edit Details for an Organization Constituent.

• When a corporation dissolves, mark the record as inactive. For information, see Mark a Constituent as Inactive or Active.

• When two corporations merge to form a new corporation or when a corporation is acquired and merges with an existing corporation, use the Merge organization task. For information, see Corporate Mergers.

• To merge two duplicate constituent records instead of recording a corporate merger, see the Constituent Duplicates section of the help file.