Converted Skeletal To Static Mesh Gets Corrupted When Merged

If you attempt to merge a static mesh that was a converted skeletal mesh the resulting asset is corrupted. You have to use the new convert skeletal mesh to static mesh feature.

You will find this error in the output log: LogMeshUtilities:Error: Raw mesh is corrupt for LOD0.

1. Open attached project
2. Drag both static mesh actors found in the content browser into scene
3. Merge them using the Merge Actors tool

RESULT
The merged asset is corrupted

EXPECTED
The static meshes are merged properly

Skeletal Mesh > Static Mesh Issue

HLOD proxy generation always crashes editor with certain mesh