The transfer of one share by one shareholder in return for the receipt of one share issued by another company, usually effected in the run-up to a merger or takeover (the exchange or swap of one shareholding for another, commonly relating to a takeover or merger). – See share swap takeover.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/

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