Which of the following is provided by the Delaware antitakeover statute?
A) An acquirer of a Delaware corporation cannot complete a merger with the acquired corporation unless it receives an affirmative vote from at least 35 percent shareholders of the acquired corporation.
B) An acquirer of a Delaware corporation located outside Delaware cannot complete a merger with the acquired corporation until it has operated in Delaware for three years.
C) An acquirer of a Delaware corporation must be incorporated in the state of Delaware or have its principal office in the state of Delaware.
D) An acquirer of a Delaware corporation cannot complete a merger with the acquired corporation for three years after purchasing 15 percent or more of the Delaware corporation's shares.
Correct Answer:
Verified
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