Business
Business, 06.05.2020 03:31, jonathanjenkins701

The ABC Corporation made an offer of merger to the XYZ Corporation that valued each share of stock in XYZ at $55 per share. The CEO of XYZ called a meeting of the board of directors to discuss the proposal. The CEO discussed the reasons for approving the merger, but copies of the proposed agreement were delivered too late to be studied before or during the meeting. No consultants or investment advisers were called on to support the merger price of $55. After a one-hour meeting, the board approved the merger. Shareholders of XYZ sued the individual members of the board, claiming that the shares in XYZ were undervalued. Assuming that the shares were worth more than $55, are the board members individually liable to the shareholders of XYZ?

answer
Answers: 1

Other questions on the subject: Business

image
Business, 21.06.2019 21:30, Jbutler15
The following cost data pertain to the operations of montgomery department stores, inc., for the month of july. corporate legal office salaries $ 75,300apparel department cost of sales"evendale store $ 97,200corporate headquarters building lease $ 50,300store manager's salary"evendale store $ 12,900apparel department sales commission"evendale store $ 11,550store utilities"evendale store $ 12,800apparel department manager's salary"evendale store $ 10,450central warehouse lease cost $ 18,600janitorial costs"evendale store $ 11,800 the evendale store is just one of many stores owned and operated by the company. the apparel department is one of many departments at the evendale store. the central warehouse serves all of the company's stores. required: 1. what is the total amount of the costs listed above that are direct costs of the apparel department? 2. what is the total amount of the costs listed above that are direct costs of the evendale store? 3. what is the total amount of the apparel department's direct costs that are also variable costs with respect to total departmental sales?
Answers: 1
image
Business, 22.06.2019 01:30, AWFHayami
Juwana was turned down for a car loan by a local credit union she thought her credit was good what should her first step be
Answers: 1
image
Business, 22.06.2019 08:10, alex7881
The last time he flew jet value air, juan's plane developed a fuel leak and had to make an 4) emergency landing. the time before that, his plane was grounded because of an electrical problem. juan is sure his current trip will be fraught with problems and he will once again be delayed. this is an example of the bias a) confirmation b) availability c) selective perception d) randomness
Answers: 1
image
Business, 22.06.2019 09:50, anonymous777739
Beck company had the following accounts and balances at the end of the year. what is net income or net loss for the year? cash $ 74 comma 000 accounts payable $12,000 common stock $21,000 dividends $12,000 operating expenses $ 13 comma 000 accounts receivable $ 49 comma 000 inventory $ 47 comma 000 longminusterm notes payable $33,000 revenues $ 91 comma 000 salaries payable $ 30 comma 000
Answers: 1
Do you know the correct answer?
The ABC Corporation made an offer of merger to the XYZ Corporation that valued each share of stock i...

Questions in other subjects:

Konu
Mathematics, 18.06.2021 02:00
Konu
Mathematics, 18.06.2021 02:00