A Merger Increases the Number of Voting Shares of the Surviving

question 21

Multiple Choice

A merger increases the number of voting shares of the surviving corporation by 23 percent.Which of the following is required in this context?

• A)a unanimous vote by the incumbent directors
• B)a majority vote of the board of directors
• C)a majority vote of the shareholders
• D)an affirmative vote by at least 30 percent of the shareholders

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Definitions:

Back to Abdomen

A position or orientation; often refers to the position of a fetus during pregnancy where the baby's backbone is aligned towards the mother's abdomen.

Bang Objects

Striking items forcefully against another surface to create a loud noise or to fixate them in place.

Busy Box

A variety of engaging activities or sensory toys assembled in a box, used to keep young children or patients with dementia busy and stimulated.

Electronic Games

Games that are played using electronic devices with visual and auditory feedback.