Marble Meats Corporation (MMC) proposes to combine with Natural Farms, Inc., and asks MMC shareholders to vote on the proposal. Henry, an MMC shareholder, votes against it, but is outvoted by the other shareholders. A) Is there an action that Henry can ta
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Marble Meats Corporation (MMC) proposes to combine with Natural Farms, Inc., and asks MMC shareholders to vote on the proposal. Henry, an MMC shareholder, votes against it, but is outvoted by the other shareholders. A) Is there an action that Henry can take to avoid being forced to go along with the transaction? If so, what can he do? B) After the combination, Natural Farms ceases to exist. MMC is the surviving firm. What type of combination is this?
