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Bigbox Corporation wishes to acquire all of the shares of Model Corporation. Approval would be required of: a. Bigboxs' board of directors. b. Model's board

Bigbox Corporation wishes to acquire all of the shares of Model Corporation. Approval would be required of:

a. Bigboxs' board of directors.

b. Model's board of directors.

c. Bigbox's' shareholders.

d. Model's shareholders.

e.Both (b) and (d).

Which is correct and why?

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