What Does It Mean When a Company Is Said to Have

question 63

Multiple Choice

What does it mean when a company is said to have been merged under the term acquisition?

• A)Boards of directors will merge also.
• B)Merger must be approved by 75% of the shareholders of the target firm.
• C)Merger must be approved by at least 50% of the shareholders of the target firm.
• D)Target firm will cease to exist.

---

Definitions:

Common Method

A technique or procedure that is widely used or accepted in a particular field or by a specific group.

Poor Neighborhoods

Areas characterized by economic disadvantage and often associated with high rates of crime and unemployment.

Lower Income Strata

A demographic group that earns significantly less income than the average, often facing economic challenges and reduced access to resources.

Trivial Matters

Issues or subjects that are of little importance or significance.