One company wishes to acquire another.Which one of the following does not require a formal vote by the shareholders of the acquired firm?
A)A merger
B)An acquisition of stock
C)A horizontal acquisition of assets
D)A consolidation
E)A vertical acquisition of assets

Question

Quizplus · Accepted Answer

An acquisition of stock does not necessarily require a formal vote by the shareholders of the acquired firm, as it can be done through open market purchases or private transactions without needing shareholder approval.

One Company Wishes to Acquire Another