Appraisal rights extend to mergers,consolidations,share exchanges,and sales of substantially all of the corporate assets.

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Under many state corporation laws, appraisal rights are available to shareholders in certain situations such as mergers, consolidations, share exchanges, and sales of substantially all of the corporate assets. Shareholders who exercise their appraisal rights have the right to have their shares appraised and receive payment of the fair value of their shares.

Appraisal Rights Extend to Mergers,consolidations,share Exchanges,and Sales of Substantially All