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Sandra is a shareholder of Micro Corp. Micro Corp.'s board announces that it has negotiated a merger with Mega Corp., with Mega Corp. to be
Sandra is a shareholder of Micro Corp. Micro Corp.'s board announces that it has negotiated a merger with Mega Corp., with Mega Corp. to be the surviving corporation and consideration to be paid in Mega Corp. stock. Sandra opposes the merger and votes against it, but it easily passes a shareholder vote. Can Sandra back out of participating in the merger at this stage?
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