In a short-form merger:
A)Bidders only submit a two-page filing with the SEC
B)Deals usually close within two weeks
C)The standard stockholder approval process can be bypassed
D)A 51% approval by shareholders is required

Question

Quizplus · Accepted Answer

Short-form mergers allow the standard stockholder approval process to be bypassed, meaning that a 51% approval by shareholders is not required. Instead, the majority shareholder(s) can approve the merger without seeking approval from other shareholders. This typically speeds up the merger process and reduces costs. The SEC filing and closing timeline may vary, but are not relevant to the best choice.

In a Short-Form Merger