Tico, Inc. and Kanki, Inc. combine all of their assets and create a consolidated corporation, causing the original corporations, Tico and Kanki, to cease to exist.

When two companies combine all of their assets to create a new entity and the original companies cease to exist, it is known as a merger. In this case, Tico, Inc. and Kanki, Inc. have merged to form a consolidated corporation, resulting in the dissolution of the original entities.