Fundamental Changes
Explain the procedure for amending the charter and list which amendments give rise to the appraisal remedy.
• Identify which combinations do not require shareholder approval and which give dissenting shareholders an appraisal remedy.
• Distinguish between a tender offer and a compulsory share exchange.
• Compare and contrast a cash-out combination and a management buyout.
• Identify the ways by which voluntary and involuntary dissolution may occur.
