Ola Holds 75 Percent of the Shares of Henrik Shipping

Ola holds 75 percent of the shares of Henrik Shipping Co. Anatoly holds 25 percent. The board has called a shareholders' meeting to consider a proposal to amalgamate Henrik with Norwegian Shipping Inc. Ola is in favour of the transaction. Anatoly is opposed. Which of the following best describes Anatoly's legal position?

A) Anatoly is entitled to vote against the transaction and, if it is approved, to dissent and require the corporation to buy his shares for fair value.
B) The majority shareholder cannot vote in favour of the transaction without taking Anatoly's interests into account.
C) As a minority shareholder he has no way to block the transaction or obtain any relief.
D) Because he holds 25 percent of the shares he can block the transaction by voting against it.
E) The only thing Anatoly can do is to try to convince Ola to change his mind.