Which of the following refers to a merger in which some shareholders are required to surrender their shares in the disappearing corporation in exchange 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 in the disappearing corporation in exchange for cash, often at a price lower than the current market value. This is often done by the majority shareholder or management team to eliminate minority shareholders and gain greater control over the company.

Which of the Following Refers to a Merger in Which