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(a) Any 2 or more corporations of this State may merge into a single surviving corporation, which may be any 1 of the constituent corporations or may consolidate into a new resulting corporation formed by the consolidation, pursuant to an agreement of merger or consolidation, as the case may be, complying and approved ...
§ 252. Merger or consolidation of domestic and foreign corporations; service of process upon surviving or resulting corporation. Title 8 - Delaware Code Online Delaware Code (.gov) ? title8 Delaware Code (.gov) ? title8
Section 253 - Merger of parent corporation and subsidiary corporation or corporations (a) In any case in which: (1) at least 90% of the outstanding shares of each class of the stock of a corporation or corporations (other than a corporation which has in its certificate of incorporation the provision required by § 251(g ... Del. Code tit. 8 § 253 - Casetext casetext.com ? chapter-1-general-corporation-law casetext.com ? chapter-1-general-corporation-law
Stockholder Approval Required to: Amend the Certificate of Incorporation. Enter into fundamental corporate transactions (sale of company, merger, sale of substantially all assets of corporation, etc.) Elect Directors (though vacant seats from departed directors can often be filled by Board) The Basics of Corporate Governance in Delaware - Hutchison PLLC hutchlaw.com ? library ? corporate-governa... hutchlaw.com ? library ? corporate-governa...
§ 253. Merger of parent corporation and subsidiary corporation or corporations. (2) The terms and conditions of the merger shall obligate the surviving corporation to provide the agreement, and take the actions, required by § 252(d) of this title or § 258(c) of this title, as applicable.