The company's board of directors approved an absorption merger between its subsidiary Excite Corporation (surviving company) and iXIT Corporation (disappearing company) effective April 1, 2026. As a result of this merger, iXIT Corporation will be dissolved and cease to be a specified subsidiary of the company.
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Summary
The company's board of directors approved an absorption merger between its subsidiary Excite Corporation (surviving company) and iXIT Corporation (disappearing company) effective April 1, 2026. As a result of this merger, iXIT Corporation will be dissolved and cease to be a specified subsidiary of the company.