Merger Vote Mechanics: Hot Takes

Kingsdale Advisors’ Lydia Mulyk talks about the mechanics of merger votes, including:

1. What’s the difference between the “majority” and “majority of outstanding vote” requirements?
2. What circumstances make passing a merger proposal difficult?
3. When are merger proposals considered “routine” or “not routine” for purposes of counting broker non-votes?
4. What can be done to mitigate a low proposal turnout?