Solved

If the Number of Voting Shares of the Surviving Corporation

Question 94

Multiple Choice

If the number of voting shares of the surviving corporation in a merger increases by twenty percent or less,this eliminates which needed approvals when compared to ordinary mergers,where the number of shares of the surviving corporation increases by more than twenty percent?


A) shareholders of the surviving corporation
B) shareholders of both corporations
C) shareholders and the board of directors of the surviving corporation
D) shareholders and the board of directors of the corporation that does not survive
E) The approval requirements are the same, regardless of whether the increase in voting shares of the surviving corporation is more or less than 20 percent.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents