If ABC Co. is to merge with XYZ Co., typically only a majority (51%) vote of the shareholders will be required.

Name: If ABC Co. is to merge with XYZ Co., typically only a majority (51%) vote of the shareholders will be required.
Brand: Quizplus
Rating: 4.8 (51 reviews)

Question

Quizplus · Accepted Answer

In general, a two-thirds vote of the shareholders will be required before a merger can be approved, though some states require a supermajority of four-fifths.

If ABC Co Is to Merge with XYZ Co