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Metrics Inc. has decided to merge its subsidiary, SubCorp. into itself. a. Metrics owns 80 percent of the outstanding stock of SubCorp. Which corporation's shareholders,

Metrics Inc. has decided to merge its subsidiary, SubCorp. into itself.

a. Metrics owns 80 percent of the outstanding stock of SubCorp. Which corporation's shareholders, if any, must vote on the transaction? Why?

b. Assume that Metrics owns 92 percent of the outstanding stock of SubCorp. Would you answer to the previous question change? Discuss

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