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M&A lawyer here. Yes, in a public company acquisition, a vote of the shareholders of the acquired company is typically required. Part of the required disclosure
by hkhanna 10y ago
M&A lawyer here. Yes, in a public company acquisition, a vote of the shareholders of the acquired company is typically required. Part of the required disclosure to those shareholders before the vote is the "Background of the Merger" which describes the negotiation process in detail.