Merger refers to the situation where one of the constituent corporations remains in being and absorbs into itself the other constituent corporation. It refers to the case where no new corporation is created, but where one of the constituent corporations ceases to exist, being absorbed by the remaining corporation. Generally the Board of Directors of each Corporation have to adopt a resolution authorizing a Plan of Merger and Agreement and the Shareholders of each Corporation have to approve the Plan and Agreement.
Board Directors Corporation With Public Broadcasting
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How to fill out Resolution Of Board Of Directors Of Corporation Authorizing Negotiations Concerning Merger?
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CPB is the steward of the federal government's investment in public broadcasting and the largest single source of funding for public radio, television, and related online and mobile services. CPB's mission is to ensure universal access to non-commercial, high-quality content and telecommunications services.
PBS is a private, nonprofit media enterprise owned by its member public television stations. PBS distributes programming to approximately 350 locally controlled and operated public television stations across the country. It is funded principally by these member stations, distribution revenue, and underwriting support.
CPB | A Private Corporation Funded by the American People.
What Is a Chairman of the Board? The Chairman of the Board of Directors (also known as the 'Chairman of the Board' or the 'Executive Chairman') is the head of an organization's board of directors. Their primary responsibility is to their stakeholders, working to ensure that the company meets stakeholder expectations.
Principal | The Irving Group | Chair of the PBS Board Larry Irving is the President of the Irving Group, a consulting firm providing strategic planning and consulting services to international telecommunications, media and technology companies, non-profit organizations, and philanthropies.
