§ 1104 Amending Merger Agreements
This law says that if a company changes an agreement and that change affects important parts of the deal, the change must be approved by the company's board and also by the shareholders (or owners) of the companies involved, just like the original agreement required.
A group of companies wants to merge their contracts to work together on a new project.
They can change the contract, but they must first get the board to agree and then get the approval of the shareholders who own the shares in each company. Once both sides agree, the changed contract becomes the new official agreement that governs the merger.
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§ 1104 Amending Merger Agreements
Last verified: January 10, 2026