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Question
Jiffy Corporation proposes to combine with Kwik, Inc., and asks Jiffy shareholders to vote on the proposal. Lena, a Jiffy shareholder, votes against it, but is outvoted by the other shareholders. Is there an action that Lena can take to avoid being forced to go along with the transaction? If so, what can Lena do? After the combination, Jiffy ceases to exist. Kwik is the surviving firm. What type of combination is this?Answer
This answer is hidden. It contains 334 characters.
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Fact Pattern 41-1
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