In a __________ merger,the shares in the disappearing corporation are automatically converted into shares in the surviving corporation.
A) cash out
B) noncash
C) freeze out
D) liquidation

Question

Quizplus · Accepted Answer

In a noncash merger, the shares in the disappearing corporation are automatically converted into shares in the surviving corporation. This means that no cash payment is made to the shareholders of the disappearing corporation, and they simply become shareholders of the surviving corporation after the merger.

In a __________ Merger,the Shares in the Disappearing Corporation Are