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In a Short-Form Merger,which Approvals Are Needed

Question 42

Multiple Choice

In a short-form merger,which approvals are needed?

A) Votes by both boards of directors,but shareholders need not approve.
B) Vote by the board of directors of the surviving corporation,and for the corporation that does not survive,recommendation by the board of directors and vote by the shareholders.
C) Vote by the board of directors of the surviving corporation.
D) For both corporations,a vote by the shareholders,but no action by the board of directors.
E) No approvals are needed by the surviving corporation,and for the corporation that does not survive,recommendation by the board of directors and vote by the shareholders.

Correct Answer: