Asked by Griffin Appleman on Jul 30, 2024
Verified
A short-form merger can be accomplished only with the approval of the shareholders .
Short-Form Merger
A merger process requiring less formal procedure, often used when a parent company merges with a subsidiary.
Shareholders
Individuals or entities that own shares in a corporation, giving them partial ownership and certain rights within the company.
- Differentiate between short-form mergers and various other forms of corporate amalgamations.
Verified Answer
VS
VAnsh SinghaniaAug 01, 2024
Final Answer :
False
Explanation :
A short-form merger typically does not require the approval of the minority shareholders. It can be accomplished when a parent company owns a substantial majority of the subsidiary's shares, allowing the merger to proceed without the minority shareholders' vote.
Learning Objectives
- Differentiate between short-form mergers and various other forms of corporate amalgamations.