Explain how best a merger may be accomplished

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Q. Suppose that Widgets, Inc is a typical corporation organized in the U.S. The CEO of widgets, Inc wants to merge Widgets. Inc with Gigantico, Inc. He engages in talks without authorization from the Board of Directors at Widgetor the shareholders. The two CEOs reach a tentative agreement as to explain how best a merger may be accomplished. The CEO of widget then buys a large amount of Widgets stock based upon his speculating that he can "sell" the merger ideas to both the board and shareholder. Discuss the subsequent and explain my answers?

Reference no: EM13122276

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