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This paper presents some aspects of European Union reglementation regarding merger operatin betwen two or more public limited liability companies. The Member States need not made a merger in cases where the company or companies which are being acquired or will cease to exist are the subject of bankruptcy proceedings, proceedings relating to the winding-up of insolvent companies, judicial arrangements, compositions and analogous proceedings. Romania as a new Member State of European Union should apply European Union reglementation. |
