WayHaw: There is no requirement for a "premerger' shareholder vote.
If the final result of the process is a merger agreement whereby Company X agrees to purchase IDCC at $xxx/share, that agreement will be submitted to shareholder's for their approval.
Quote: ______ Alley...Could you share where you see shareholder approval comes in with this whole process? I'm thinking we wouldn't be in "premerger" status until after a shareholders vote. I've been proven wrong on many occasions so I'm approaching this carefully.
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