Two security services, A-to-Z Security and Secure-Safe Security, propose to merge. Each corporation has fewer than 10 shareholders. The proposed merger receives majority shareholder approval. Roberto, a minority shareholder who owns 10% of the stock in Secure-Safe Security, however, is very much opposed to the merger. He tells the other Secure-Safe shareholders that unless they convince him otherwise, he will block the merger. What are Roberto's rights as a dissenting shareholder, and does he have the power to block the merger?

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The Answer of Two security services, A-to-Z Security and Secure-Safe Security, propose to merge. Each corporation has fewer than 10 shareholders. The proposed merger receives majority shareholder approval. Roberto, a minority shareholder who owns 10% of the stock in Secure-Safe Security, however, is very much opposed to the merger. He tells the other Secure-Safe shareholders that unless they convince him otherwise, he will block the merger. What are Roberto's rights as a dissenting shareholder, and does he have the power to block the merger?

Two Security Services, A-To-Z Security and Secure-Safe Security, Propose to Merge