A ________ is a situation in which one corporation acquires all the shares of another corporation, and both corporations retain their separate legal existence
A) reverse takeover
B) merger
C) share exchange
D) spin-off
C
You might also like to view...
A qualified indorser is only liable for secondary liability
Indicate whether the statement is true or false
Remedies in equity include injunctions and decrees of specific performance.
Answer the following statement true (T) or false (F)
A firm can establish a wholly owned subsidiary by
A. entering into a franchising agreement. B. keeping all of the activity offshore. C. licensing intellectual property. D. acquiring an existing company in the home country.
A golden parachute is a prearranged contract with managers specifying that, in the event of a hostile takeover, the target company managers will be paid a significant severance package.
Answer the following statement true (T) or false (F)