Portability of H1B on Consular Processing due to acquisition


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I am working for Company A on L1B status. My H1B (filed as Consular Processing) got picked in the lottery and was approved and I have my i-797. I did not change my status to H1B yet.

My group in Company A got sold to Company B, and the whole process will take about 3 months to complete. Company B mentioned that all L1B employees will be transferred, so as such they will transfer my L1B. 

I would like to know if my approved H1B (filed as Consular Processing) can be transferred to Company B as well? Or should I travel and change my status to H1B while still with Company A? Can you please advice on the best way to proceed ahead, so I don't loose my approved H1B petition.

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