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While a "Type B" Reorganization Requires That Voting Stock Be

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While a "Type B" reorganization requires that voting stock be used by the acquiring corporation, in a "Type A," the acquiring corporation can use common or preferred stock and still have the restructuring meet the qualifications of § 368.


Definitions:

Henry Murray

An American psychologist best known for developing the theory of needs, which identified specific psychogenic needs that motivate human behavior.

Assertiveness

The quality of being self-assured and confident without being aggressive, allowing for the expression of one's needs and desires in a clear and respectful manner.

Personality Trait

A consistent pattern of thought, behavior, or emotion that is stable across time and situations.

Situational Call

A demand or trigger in an environment that requires an individual to take action or adapt to specific circumstances.

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