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If a Merger Increases the Number of the Surviving Corporation's

Question 38

Multiple Choice

If a merger increases the number of the surviving corporation's shares by no more than 20 percent, most states do not require ________.


A) the approval of the surviving corporation's shareholders
B) SEC approval.
C) any paperwork to be filed with the state's Corporation Commission.
D) that the surviving corporation pay taxes on the merger.
E) property taxes to be paid for two years to allow the merged corporation to become established.

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