Except in a short-form merger,the shareholders of both corporations must approve a merger or other plan of consolidation.

Name: Except in a short-form merger,the shareholders of both corporations must approve a merger or other plan of consolidation.
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The shareholders of both corporations must approve a merger or other plan of consolidation unless it is a short-form merger, in which case only the acquiring corporation's board of directors must approve.

Except in a Short-Form Merger,the Shareholders of Both Corporations Must