Spice Corp

question 26

Essay

Spice Corp.wants to acquire all the assets of Sugar Corp.Spice plans to pay for the assets by issuing its own corporate stock.Spice's board of di?rectors has already approved the merger.In what circumstances would the approval of Spice's shareholders be required for this merger? Is the approval of Sugar's shareholders necessary? Explain.

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Definitions:

Duodenum

First part of the small intestine, where chyme enters from the stomach.

Peptidases

Enzymes that break down peptides into amino acids by cleaving the peptide bonds between amino acids.

Small Intestine

In vertebrates, the portion of the digestive tract that precedes the large intestine. In humans, consists of the duodenum, jejunum, and ileum.

Cardiovascular Disease

A class of diseases that involve the heart or blood vessels, including coronary artery disease and stroke.