In a "Short Form" Merger,which Approvals Are Needed

question 119

Multiple Choice

In a "short form" merger,which approvals are needed?

• A) votes by both boards of directors, but shareholders need not approve
• B) vote by the board of directors of the surviving corporation, and for the corporation that does not survive, recommendation by the board of directors and an approval vote by the shareholders
• C) an approval vote by the board of directors of the surviving corporation
• D) for both corporations, a vote by the shareholders, but no action by the board of directors is necessary
• E) no approvals are needed by the surviving corporation, and for the corporation that does not survive, recommendation by the board of directors and an approval vote by the shareholders

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Definitions:

Capacity

The maximum amount that something can contain or produce, often used in reference to production and manufacturing facilities, systems, and services.

Demand

The quantity of a good or service that consumers are willing and able to purchase at various prices during a specified time period.

Northwest-Corner Method

A technique used in solving transportation problems in operations research, starting with the top-left (northwest) corner of a matrix to minimize costs.

Source A

An initial or primary provider of information, materials, or resources, often referenced in research or procurement.