Corporate Mergers Flashcards

1
Q

Voting to Approve Mergers

A

Board proposes merger & Shareholders vote to approve it

  • all issued shares get to vote
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2
Q

Merger and Share Exchange

A

Make an offer to another corporation and buy all their shares = share exchange
- has to be approved by shareholders from both corps

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3
Q

Short Form Merger

A

Start to buy shares for a corp. from different shareholders and once you get to 80%, you can consider yourself merged
- have to file articles of merger

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4
Q

Merger in Florida

A

Any business entity type can merge into another type in Florida

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