A short-form merger is a simplified form of merger that can be used so long as the number of voting shares outstanding of the surviving corporation increases by less than twenty percent.

Question

Quizplus · Accepted Answer

A short-form merger is a simplified merger process that occurs when a parent company owns a significant majority (typically 90% or more) of a subsidiary's shares, allowing the merger without the approval of minority shareholders, not based on the percentage increase of voting shares.

A Short-Form Merger Is a Simplified Form of Merger That