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 the above require a formal vote.

Question

Quizplus · Accepted Answer

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

One Company Wishes to Acquire Another