👉 Promerger is a legal concept that refers to the process of merging two or more companies. It involves the merger of two or more companies in order to create one new entity, which can then be traded on an exchange or merged into another company. The primary goal of a promerger is to increase their market share and profitability by combining their existing assets and resources. Promergers typically seek to achieve this through acquisitions, debt financings, and strategic alliances.
