Appraisal rights are normally available in sales of substantially all corporate assets not in the ordinary course of business.

Question

Quizplus · Accepted Answer

Appraisal rights, which give shareholders the right to have their shares independently valued and potentially receive a higher price if they dissent from a corporate action, such as a merger or sale of assets, are typically available in sales of substantially all corporate assets not in the ordinary course of business.

Appraisal Rights Are Normally Available in Sales of Substantially All