Business, Legal & Accounting Glossary
A type of vote participated in by a company’s shareholders for the purpose of determining whether or not particular regulations and laws with regard to corporate takeovers need to be waived during certain types of corporate actions. This type of vote can essentially help in removing certain legal requirements that may have otherwise prevented the occurrence of the corporate takeover.
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This glossary post was last updated: 16th November, 2021 | 0 Views.