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1. Adventure Inc., a Delaware corporation, has decide to combine with JAC Corp. a. Because of the dramatic impact the merger/consolidation will have on the
1. Adventure Inc., a Delaware corporation, has decide to combine with JAC Corp. a. Because of the dramatic impact the merger/consolidation will have on the shareholders of both the surviving and the extinguished corporations, vote on the transaction must be had by all shareholders of the involved corporations, Adventure Inc. and JAC Corp. b. No, the answer would still be the same. Either scenario requires shareholder approval
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