Company A and Company B have a business relationship lasting for years. All kinds of agreements are in place between them. License Agreements, Supply Agreements, Development Agreements and so on.


Company A gets acquired by Company C. After closing, former Company A now operates as Company AC.
What happens to all the existing contracts where Company A was a Party?
Do they get automatically transferred?


Having to assign all the existing contracts seems to be an "impossible" task, but i do not know the leagl basis for the transfer. Can anyone shed some light both in US and European jurisdictions?



Do existing contracts get automatically transferred to the acquiring company?