What type of agreement has been made?

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RaceDepartment and OverTake decided to work together on the task of providing a home for the lovers of simracing. As this also had to be "manifested" in some sort of legally binding arrangement, OverTake acquired RaceDepartment in order to merge both platforms under one legal entity.
RaceDepartment and OverTake decided to work together on the task of providing a home for the lovers of simracing. As this also had to be "manifested" in some sort of legally binding arrangement, OverTake acquired RaceDepartment in order to merge both platforms under one legal entity.
 
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