A merger increases the number of voting shares of the surviving corporation by 23 percent. Which of the following is required in this context?

A) a unanimous vote by the incumbent directors
B) a majority vote of the board of directors
C) a majority vote of the shareholders
D) an affirmative vote by at least 30 percent of the shareholders

C

Business

You might also like to view...

What is the integral from 0 to 5 for this distribution?

A business professor wishes to model the duration of his commute through the busy streets of Bangalore. He decides to model it based on the number of auto-rickshaws that he passes during the first ten minutes of the drive. The continuous probability distribution 7x - 2 serves as a good model. A) 33 B) 77.5 C) 59 D) 63

Business

Coercive Power is based on __________

A) the ability to control & distribute rewards B) position C) scarcity D) fear

Business