Which of the following refers to a merger in which some shareholders are required to surrender their shares in the disappearing corporation for cash?
A) Illegal merger
B) Termination merger
C) Surrender consolidation
D) Freeze-out merger

Question

Quizplus · Accepted Answer

A freeze-out merger is a type of merger in which some shareholders are forced to surrender their shares for cash. This can typically occur when a majority shareholder or group wants to take full control of the corporation and force out minority shareholders. The other answer choices are not accurate descriptions of this type of merger.

Which of the Following Refers to a Merger in Which