Question
If the sole shareholder of Diane's Auto Parts, Inc., which holds 95% of the D.G. Auto Parts Corporation, decides to merge the two corporations together
If the sole shareholder of Diane's Auto Parts, Inc., which holds 95% of the D.G. Auto Parts Corporation, decides to merge the two corporations together with Diane's Auto Parts, Inc., being the surviving corporation, what type of merger will it be? Why are the requirements for shareholder approval different for this type of merger? Why are approval requirements different for upstream mergers
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
11th edition
324422870, 324422873, 978-0324302691
