Legal entities may be merged, whereby they are dissolved without being wound up
1. by way of absorption through the transfer of the assets of one legal entity or several legal entities (legal entities being acquired), as a whole, to some other existing legal entity (acquiring legal entity), or
2. by way of newly forming a legal entity through the transfer of the assets of two or more legal entities (legal entities being acquired), in each case as a whole, to a new legal entity that they have formed in this way,
whereby shares in the acquiring legal entity or new legal entity are allotted, or memberships in same are granted, to the holders of shares (shareholders, partners, stockholders, or members) of the legal entities being acquired.