Examlex
All of the following statements are true regarding an agency with quasi-legislative authority EXCEPT:
Raiders
Individuals or entities that aggressively attempt to take over or acquire control of a business, often through purchasing a substantial portion of its stock.
Corporate Books
The official records of a corporation, documenting essential activities, decisions, and financial transactions.
Freeze-Out Acquisition
A strategy used in mergers and acquisitions where a majority shareholder forces out minority holders to take full control of the company.
Share Split
Traditionally, a corporation’s dividing existing shares into two or more shares, thereby increasing the number of authorized, issued, and outstanding shares and reducing their par value. In modern corporation law, treated like a share dividend. Also called stock split.
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