Mall Stores Corporation owns 95 percent of the shares of Niche Retail Corporation.Mall Stores combines with Niche Retail,but only Mall Stores continues to exist.This transaction was

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A short-form merger occurs when a parent company owns at least 90% of the outstanding shares of a subsidiary and merges the subsidiary into itself without a vote of the subsidiary's shareholders. In this scenario, Mall Stores Corporation meets this requirement by owning 95% of Niche Retail Corporation's shares, and only Mall Stores continues to exist after the merger.

Mall Stores Corporation Owns 95 Percent of the Shares of Niche