Which of the Following Is NOT an Element of a Merger

Multiple Choice

Which of the following is NOT an element of a merger?

A) The merger agreement is negotiated by the boards of the two companies.
B) Consummation of a merger generally depends on approval of the transaction by the boards and the shareholders of both companies.
C) A merged corporation must adopt a name that does not belong to either of the parties to the merger.
D) The disappearing corporation relinquishes its separate corporate existence and becomes part of the surviving corporation.