One company wishes to acquire another. Which of the following forms of acquisition does not require a formal vote by the shareholders of the acquired firm?
A) Merger
B) Acquisition of stock
C) Acquisition of assets
D) Consolidation
E) All of these require a formal votE.

Question

Quizplus · Accepted Answer

In an acquisition of stock, the acquiring company can purchase shares directly from the shareholders, often without needing a formal vote by the shareholders of the acquired firm.

One Company Wishes to Acquire Another