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Interagency Bank Merger Act Application  Form

Interagency Bank Merger Act Application Form

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Instructions and help about Interagency Bank Merger Act Application

let's say the company P wants to merge with company s typically company P would need to get the approval of company asses shareholders however there's an exception to that and it's called a short-form merger this is available with company P and company s already have a parent and subsidiary relationship and company P owns is substantially all of company s is shares so question is well what is substantially all well in the United States it depends on which state you're in some states the threshold is ninety percent so let's just use nine but ninety percent then so if P Oh 90 percent of S is shares or ninety one percent ninety two percent something like that P could go and basically force a merger without s's shareholders having any say about it so shareholder approval would not be needed so if there are some shareholders at s say you know what I don't like this merger I don't think this should happen they do not get a vote

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