Examlex
If less than the requested number of shares are tendered, the Williams Act requires that the bidder must purchase the amount that were tendered anyway.
Merger
The combination of two or more companies into a single entity, where one survives and the others cease to exist independently, often to achieve greater efficiency and market share.
Cumulative Voting
A method of voting in corporate elections which allows shareholders to concentrate their votes on one candidate rather than spreading them out among several candidates.
Annual General Meeting
A mandatory yearly gathering of a company's interested shareholders where directors report on the year's results.
Directors
Directors are individuals elected by shareholders or appointed by other directors who oversee the management and decision-making processes of a corporation.
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