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Simple English definitions for legal terms

short-form merger

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A quick definition of short-form merger:

A short-form merger is when a big company that already owns most of a smaller company's shares decides to merge with it. This is a quicker and cheaper way to merge than the usual way. The big company just needs to make a plan, send it to the smaller company's shareholders, and file some paperwork. Then they become one company.

A more thorough explanation:

A short-form merger is a type of merger that is less expensive and time-consuming than an ordinary merger. It is usually allowed when a subsidiary merges into a parent that already owns most of the subsidiary's shares. This type of merger is generally accomplished when the parent adopts a merger resolution, mails a copy of the plan to the subsidiary's record shareholders, and files the executed articles of merger with the secretary of state, who issues a certificate of merger.

For example, if Company A owns 90% of the shares of Company B, Company A can use a short-form merger to acquire the remaining 10% of Company B's shares without going through the lengthy and expensive process of a regular merger.

Short-form mergers are beneficial for companies because they save time and money. However, they can be controversial because minority shareholders may feel that they are being forced to sell their shares without receiving a fair price.

short-form bill of lading | short interest

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
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@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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