Does De Facto Merger require that the the seller pay the buying using his own stcok or does the payment method not mater?

Update: Wikipedia said " still have entirely different factors when deciding if a transaction is a de facto merger. [8] Factors: (1) continuity of ownership [or continuity of shareholders]..... other sources on the internet say like " continuity of ownership resulting from the seller being paid with buyer's... show more Wikipedia said " still have entirely different factors when deciding if a transaction is a de facto merger. [8]
Factors:
(1) continuity of ownership [or continuity of shareholders].....

other sources on the internet say like " continuity of ownership resulting from the seller being paid with buyer's stock"

My question is if being paid with buyer's stock is required or is this just a common occurrence in de facto cases but not always required. Is the true test common owners?
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