Question 43 Which of the following is true about mergers? Shareholders of the acquired corporation must be paid a premium on their shares The shareholders of the surviving corporation must approve the merger. door not recognize mergers done solely for the profit motive.

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Question 43
Which of the following is true about mergers?
Shareholders of the acquired corporation must be paid a premium on their shares
The shareholders of the surviving corporation must approve the merger.
The MBCA does not recognize mergers done solely for the profit motive.
A merger may be invalidated if it freezes out minority shareholders.
Transcribed Image Text:O A duty Question 43 Which of the following is true about mergers? Shareholders of the acquired corporation must be paid a premium on their shares The shareholders of the surviving corporation must approve the merger. The MBCA does not recognize mergers done solely for the profit motive. A merger may be invalidated if it freezes out minority shareholders.
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