👉 Interincorporation refers to a situation where two or more entities are merged into one entity without any legal or contractual restrictions. This can happen through mergers, acquisitions, joint ventures, or other types of transactions that involve the integration of different parts of an organization. Merging is often done for the purpose of increasing efficiency and reducing costs, but it can also be motivated by a desire to create a new entity with unique characteristics. Interincorporation allows for greater flexibility in decision-making and innovation
