Which of the Following Statements Correctly Apply to a Merger

question 10

Multiple Choice

Which of the following statements correctly apply to a merger?
I.The titles to individual assets of the acquired firm must be transferred into the acquiring firm's name.
II.The merged firm will retain the use of the acquiring company's name.
III.The acquiring firm does not have to seek approval for the merger from its shareholders.
IV.The shareholders of the acquired company must approve the merger.

• A)I and III only
• B)II and IV only
• C)I, II, and III only
• D)I, II, and IV only
• E)I, II, III, and IV