Which of the following is required for a short-form merger?

Question

Quizplus · Accepted Answer

A short-form merger is a type of merger where the parent corporation (that owns at least 90% of the subsidiary corporation) can merge the subsidiary corporation into itself without requiring the approval of the shareholders of both corporations. In this case, the only approval required is the approval of the board of directors of the parent corporation, as they are the ones making the decision to merge the subsidiary into the parent. Therefore, the correct answer is option C, approval of the board of directors of the parent corporation alone.

Which of the Following Is Required for a Short-Form Merger