In a Short-Form Merger,which Approvals Are Needed

question 67

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 vote by the shareholders.
• C) 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.
• E) No approvals are needed by the surviving corporation,and for the corporation that does not survive,recommendation by the board of directors and vote by the shareholders.

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Definitions:

Sample Mean

The average value calculated from a sample of data, representing the central tendency of the sample.

Population Standard Deviation

A measure of the dispersion or variability in a population data set.

Confidence Interval

A range of values, derived from sample data, that is believed to contain the true population parameter with a certain level of confidence.

Sample Mean

The mean of all data points within a sample, utilized to approximate the mean of the entire population.