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.
Correct Answer:
Verified
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