cash merger

A merger in which shareholders of the target company must accept cash for their shares.

— Also termed cash-out merger; freeze-out merger. [Cases: Corporations 584. C.J.S. Corporations §§ 799–801.]

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词条贡献者

译员Terence，毕业于国内顶尖法学院，擅长翻译有关能源和自然资源领域的法律文件。