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McDonalds Corporation (BIG MAC) proposes to combine with Whole Foods (WF) and asks BIG MAC shareholders to vote on the proposal. Todd, a BIG MAC

McDonalds Corporation (BIG MAC) proposes to combine with Whole Foods (WF) and asks BIG MAC shareholders to vote on the proposal. Todd, a BIG MAC shareholder, votes against it, but is outvoted by the other shareholders. Is there an action that Todd can take to avoid being forced to go along with the transaction? If so, what can he do? After the combination, Whole Foods (WF) ceases to exist. BIG MAC is the surviving firm. What type of combination is this? Explain

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