Reviewed by Margaret JamesFact checked by Yarilet PerezWhat Is a Stock-for-Stock Merger?A stock-for-stock merger occurs when shares of one company are traded for another during an acquisition.

Before the SPAC merger, Terrestrial Energy had raised $94 million, according to PitchBook. The combined entity expects to list on Nasdaq under the symbol IMSR. The ticker is a reference to ...

(Reuters) -U.S. grocery chain Kroger countersued Albertsons on Tuesday, escalating a legal battle between the companies following the collapse of their proposed $25 billion merger in December.