A Merger Must Have the Approval of at Least 51

question 101

True/False

A merger must have the approval of at least 51% of the shareholders of each firm.

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Definitions:

Tangibles

Physical items or products that can be seen, felt, or touched, as opposed to services or digital products.

Synonymous Terms

Words or phrases that have nearly the same meaning or significance.

Small Business Administration

A U.S. government agency that provides support to entrepreneurs and small businesses, including funding and educational resources.

Small Businesses

Small businesses are independently owned and operated companies that are limited in size and revenue, depending on the industry.