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Question
MacTech Corporation is a subsidiary of Clickon Corporation, which owns 90 percent shares of MacTech. The management of Clickon is not happy with the way MacTech is being managed. They believe that MacTech is losing out a huge chunk of potential business to rivals due to mismanagement. As a solution, the board of directors of Clickon approves a merger between Clickon and MacTech and they send a copy of the merger plan to MacTech's shareholders. This form of merger is called a(n):
A. semi-merger.
B. short-form merger.
C. incomplete merger.
D. half-merger.
Answer
This answer is hidden. It contains 281 characters.
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