A ________ is a merger between a parent corporation and a subsidiary corporation that does not require the approval of the board of directors of the subsidiary corporation.

Question

Quizplus · Accepted Answer

A short-form merger is a type of merger in which the parent corporation merges with a subsidiary corporation without requiring the approval of the board of directors of the subsidiary corporation. This is possible because the parent corporation already owns a controlling interest in the subsidiary. A share exchange involves the exchange of shares between two companies, while a reverse takeover is when a private company takes over a public company. A short-term merger is not a recognized term in business.

A ________ Is a Merger Between a Parent Corporation and a Subsidiary