Nardine Corporation acquired Tabor Corporation pursuant to a statutory merger under state law. As a result of the merger, Tabor Corporation's former shareholders received common stock in Nardine having a value of \(\$ 300,000\), long-term bonds of Nardine with a principal amount (and fair market value) of \(\$ 400,000\), and cash of \(\$ 300,000\). What type of reorganization has taken place? Describe the tax consequences to Tabor Corporation, its former shareholders, and Nardine Corporation.