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Hey, Im Todd Ault, these are Wall Street words. Todays word is Downstream Merger. Its a type of merger where the parent is absorbed into the subsidiary. These are important structuring tools you can use to restructure company or acquire another company. In this case, an example that Ive been part of is when Franklin Capital, which was publicly traded on the American Stock Exchange, merged with Patients Safety Technologies, a wholly owned subsidiary. Patient Safety Technologies became the new name of Franklin Capital Downstream Merger.