A merger increases the number of voting shares of the surviving corporation by 23 percent.Which of the following is required in this context?

Question

Quizplus · Accepted Answer

Since the merger is increasing the number of voting shares of the surviving corporation, a majority vote of the shareholders would be required to approve the merger. The other options (A, B, and D) do not accurately reflect the necessary action for this scenario.

A Merger Increases the Number of Voting Shares of the Surviving