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Distinguish de facto merger with de jure merger. By way of review of previous modules, rre nonvoting shares entitled to vote on the approval of
- Distinguish de facto merger with de jure merger.
- By way of review of previous modules, rre nonvoting shares entitled to vote on the approval of the plan of merger and plan of consolidation? Explain
- If the merger/consolidation is not approved by SEC, what will be the status of the absorbed corporation?
- With respect to the creditors of the absorbed corporation, can they file action for collection against the surviving corporation after SEC approval of the merger? Explain
- Are absorbed corporations required to undertake liquidation of their assets and liabilities after SEC approval of the merger? Explain,
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