Examlex
Which of the following phrases is NOT used to refer to the relationship between management and their unionized employees?
Merger
A combination of two or more corporations in which only one of the corporations continues to exist.
Shareholder Approval
The consent given by shareholders, usually through a voting process, for certain decisions or actions proposed by a company's management or board.
Consolidation
The process of combining two or more entities into one, often to streamline operations and reduce costs.
Absorbed Corporation
A company that has been merged into another entity, losing its previous separate identity.
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