If a company owns 90 percent or more of the outstanding shares of each class of a subsidiary company's stock, a merger may be effected with approval of the parent's board of directors alone, without resort to shareholders. This is called a:
A) parent-sub merger.
B) board merger.
C) short-cut merger.
D) short-form merger.
D
Business
You might also like to view...
The footnote number should be placed __________________
a. before a direct quotation b. in the middle of the sentence c. after all punctuation, except for a dash d. at the end of each paragraph
Business
What are the characteristics of networked idealists?
What will be an ideal response?
Business