Salt Corporation wants to acquire or merge with Pepper Corporation.Salt should

Question

Quizplus · Accepted Answer

Making a tender offer to the shareholders of Pepper is the best option for Salt Corporation to acquire or merge with Pepper Corporation. This will give Salt the opportunity to directly communicate with the shareholders of Pepper and allow them to individually decide whether to sell their shares or not. Filing a plan of merger with the Secretary of State is not necessary unless the transaction involves a merger between Salt and a third party. Filing an article of merger with Pepper is also not necessary as it is only applicable when Pepper agrees to the merger. Making a tender offer to the shareholders of Salt is not relevant in this situation.

Salt Corporation Wants to Acquire or Merge with Pepper Corporation