statutory merger การใช้

Statutory mergers give shareholders exit rights, such as appraisal rights.
Statutory protections generally provided for in statutory mergers include ( a ) board initiation and approval; ( b ) shareholder approval; ( c ) appraisal remedies.
The de facto merger in application allows courts to declare the nature of a transaction stated as a sale-of-assets into a merger; therefore, all rights and liabilities attached to a statutory merger would be applied.
A "'Reverse Morris Trust "'is a transaction that combines a divisive reorganization ( statutory merger ) to allow a tax-free transfer ( in the guise of a merger ) of a subsidiary under United States law.