Which of the following does not require approval of both sets of shareholders in a merger or acquisition?
A) A merger
B) A cash acquisition
C) A shares acquisition

Question

Quizplus · Accepted Answer

In a cash acquisition, the acquiring company buys the target company's shares for cash, and only the shareholders of the target company need to approve the transaction. Shareholders of the acquiring company do not need to approve the transaction unless it's of such a size that it would significantly alter the financial structure or operations of the acquiring company. In contrast, mergers and share acquisitions typically require approval from both sets of shareholders.

Which of the Following Does Not Require Approval of Both