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The Delphi Corp

Question 43

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The Delphi Corp. owns 60% of Lynden Sand & Gravel Inc. Delphi, with its voting power, elected all three directors on Lynden's board. Then the board decided to sell one of Lynden's gravel reserves to Delphi at only half its value. As a minority shareholder in the Lynden corporation, how have you been affected by this transaction?

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The directors of Lynden have been in bre...

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