An ordinance that allows non-voting shares of a firm to be converted into voting shares...

80.2K

Verified Solution

Question

Finance

An ordinance that allows non-voting shares of a firm to be converted into voting shares in the event that another firm attempts to acquire it is called?

Select one:

a. Proxy Voting

b. Pre-Emptive Rights

c. Arreage

d. Coattail Provision

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students