A disadvantage of a merger is that it requires shareholder approval of both ﬁrms.

Name: A disadvantage of a merger is that it requires shareholder approval of both ﬁrms.
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Question

Quizplus · Accepted Answer

A merger involves the combination of two or more companies, and typically requires approval from the boards of directors and shareholders of each company. Therefore, it is true that a merger requires shareholder approval of both firms.

A Disadvantage of a Merger Is That It Requires Shareholder