[Gaming Merger] Calvin and Daniella each own 5% of GamePower, a video game design company. GamePower...

 

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[Gaming Merger] Calvin and Daniella each own 5% of GamePower, a video game design company. GamePower is seeking to merge with GameKing, and before a shareholder meeting. Calvin and Daniella email all other shareholders and corporate representatives about their disagreement with the proposed transaction. At the shareholder meeting, they vote against the merger with Gameking. but, 90% of the shareholders vote in favor of the merger. Calvin tells Daniella that it is not fair that they are forced to be part of GameKing. Daniella tells him they have no choice, so get used to it. When dissenting shareholders do not properly invoke their appraisal rights, will they be forced to comply with the majority of the corporations' shareholders? [Gaming Merger] Calvin and Daniella each own 5% of GamePower, a video game design company. GamePower is seeking to merge with GameKing, and before a shareholder meeting. Calvin and Daniella email all other shareholders and corporate representatives about their disagreement with the proposed transaction. At the shareholder meeting, they vote against the merger with Gameking. but, 90% of the shareholders vote in favor of the merger. Calvin tells Daniella that it is not fair that they are forced to be part of GameKing. Daniella tells him they have no choice, so get used to it. When dissenting shareholders do not properly invoke their appraisal rights, will they be forced to comply with the majority of the corporations' shareholders?

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When dissenting shareholders do not properly invoke their appraisal rights they typica... View the full answer